Ep 388. SVB Financial Collapse, Modern Bank Runs, and The Future of Regional Banks
Focused Compounding
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Is There a Risk to Uninsured Deposits?
The FDIC issued a blog post or an article on Friday that basically said, hey, you're good for your $250,000. That'd be incredibly frightening because 86% of their deposit base was uninsured. I don't see depositors needing to have any concerns about it. Other institutions would be happy to give you money temporarily if the government wasn't willing to do it.
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