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UK anonymous tip from someone in banking - take out your cash
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[quote:messagehalted:MV81MzI5NjEzXzk4MzAzODIzXzZGQUU2RTE5] Its because banks globally can not pay their loan obligations now because of the u.s interest rate hikes. Means all the banks are insolvent. They just arent talking about it. Just like all other insurances the fdic will low ball the 250k number with adjusters and you might get paid 80k over a 25 year period. Everything else will be lost. Governments cant infuse money into banking without a debt default first and new issuance of currency. Bail in would take massive amounts of depositors currency probably more than 100% to fix it. That is impossible. [/quote]
Original Message
take it for what its worth
could be bs
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