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Banking with the Abyss feat. Nathan Tankus

TRASHFUTURE

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Uninsured Depositors Are Going to Eat It

The FDIC Improvement Act in 1991 is a kind of like, no, we're backing away. Instead, uninsured depositors are going to eat it. Now everyone's saying, well, what if unlimited deposit insurance and let's move forward on that basis? But hey, I guess that is going to actually have to involve real regulation.

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