Remember that scene at the beginning of It’s a Wonderful Life, where people are all desperately trying to get into the bank because if it fails before they get in, they lose their money? That’s what the FDIC prevents.

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  • Ioughttamow@fedia.io
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    12 hours ago

    I guess the positive is that if the economy is that fucked they might not have the money to resist the guillotine crazed hordes. Personally I think an ill measured rope would be the best method