Backed by the "full faith and trust" of the US Government?
- That's an awful LOT of hopium [misplaced faith].
Let's see: $6,5 trillion in FDIC insured bank deposits* is backed by...$3.9 billion on hand in the FDIC?
- That's not even 'fractional' banking, that's 'fictional' banking.
How is YOUR bank doing these days?
*$1 trillion of these deposits are OVER the $250,000 FDIC limit and are uninsured. Bare to risk.
Wednesday, 31 August 2011
Misplaced faith...............from Rico
From Theo Spark at 10:54
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment