$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency - The Great Awakening - Where We Go Qne, We Go All!

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$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency (twitter.com) ECON & BANK COLLAPSE 💸

posted 176 days ago by Shalimar 176 days ago by Shalimar +208 / -0

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– downrightdeplorable 30 points 176 days ago +30 / -0

I hope Wells and US Bank are included. Both are trash companies.

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– Jceggbert5 3 points 176 days ago +3 / -0

What happens if a bank goes under that handles my mortgage?

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– Greatheart 7 points 176 days ago +7 / -0

If you have a mortgage and a savings account the bank keeps your savings account and sells your mortgage to another bank. You still have to pay the mortgage even though they took your money. That's why I worked so hard to pay off my mortgage

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▲ 2 ▼

– sergiodv 2 points 176 days ago +2 / -0

Depends if you're Oprah Winfrey or not. If she's got $500M with the bank then the saving would be protected. Otherwise you're on the oily end of a flagpole. ( I hope this is a saying in America as well. Never know when you're not from that country)

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– Greatheart 2 points 176 days ago +2 / -0

Never heard that saying before but it a good one.

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– Shalimar [S] 1 point 176 days ago +1 / -0

Nope, I've never heard that saying, but it's a good one. I'll be appropriating that one!!! What country is it from?

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