Any bank can fail at any time. In most cases, your deposits are safe. The central bank will step in and print money as a lender of last resort too. Nothing to worry about. You’ve heard of banks having trouble a long time ago, but are you aware that this happens all the time today? Let’s take a look.
FDIC: Failed Banks
https://www.fdic.gov/bank/individual/failed/
FDIC: Failed Bank List
https://www.fdic.gov/bank/individual/failed/banklist.html
https://www.businessinsider.com/the-truth-behind-how-gerald-celente-got-screwed-by-mf-global-2011-11
Deutsche Bank plans cuts at its US equities business
https://www.cnbc.com/2019/05/24/deutsche-bank-plans-cuts-at-its-us-equities-business.html
The next Northern Rock? Metro Bank has had a troubled week | City A.M.
http://www.cityam.com/278101/next-northern-rock-metro-bank-has-had-troubled-week
The Cyprus Bank 'Bail-In' Is Another Crony Bankster Scam
https://www.forbes.com/sites/nathanlewis/2013/05/03/the-cyprus-bank-bail-in-is-another-crony-bankster-scam/#deaec1426856
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Banks are almost designed to fail 🤣
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Banks are always under a ton of pressure to keep making riskier loans. 2008 housing 2.0x10 is looming and just right around the corner. I hope for everyone we can all make it but most won't.
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