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Message Subject Wall St Journal reports about 200 other US Banks could repeat fate of Silicon Valley Bank. $300B at risk!
Poster Handle Anonymous Coward
Post Content
All banks are going to fail! Wake up people! there’s only $2 trillion of actual US currency in circulation. There’s $22 trillion in deposits. Over 90% of deposits are just digital fake bullshit
 Quoting: Anonymous Coward 80578546


Their solution to that is simple: Get rid of the 10% good part.
 Quoting: Anonymous Coward 85407263


Some of that $2 trillion must be in people's wallets and home safes and cash registers and black market related locations so the bank currency deposits are probably less than $2 trillion.
 
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