The bank run is happening! Almost half a trillion withdrawn from banks in the past 3 months - The Great Awakening

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The bank run is happening! Almost half a trillion withdrawn from banks in the past 3 months (dailyhodl.com) 🏆 - WINNING - 🏆

posted 1 year ago by xchainlinkx 1 year ago by xchainlinkx +39 / -0

Americans Pull $472,000,000,000 Out of US Banks in Three Months As Depositors Exit in Historic Numbers - The Daily Hodl

New numbers from the Federal Deposit Insurance Corporation (FDIC) show Americans are pulling their money at a pace not seen in yearly four decades.

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– WTFChuck 2 points 1 year ago +2 / -0

I'm not sure a credit union will make a difference, but I've followed a similar strategy for my mom's proceeds from the recent sale of her house. I've also encouraged her to buy what it is she's looking to buy now rather than hold onto the money for later.

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