Does the FDIC guarantee even mean anything when all Federal agencies are being gutted, and no one can expect to be compensated? With what Trump and DOGE are doing to the Treasury, and the moves they’re making both foreign and domestic, ripping up the Democratic system of Checks & Balances, and tearing asunder the post War world order over the objection of nuclear armed European nations.

  • xmunk@sh.itjust.works
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    7 days ago

    Unlikely unless Trump crashes the bond market by refusing to honor treasuries. If that happens a lot of banks will be underwater in assets.