Our Banking System Is Hardly A Stable One
The point here is that there are numerous risks in keeping all of your eggs in one basket. Especially when
that basket is visibly rotting through the base.
Sadly, most Americans either are ignoring the obvious danger in the system or are simply not taking action.
Either way, 99.7% of the population is completely unprepared for what’s to come.
There may be many more who are simply not filing, or who don’t meet the threshold. But even if the real
number is 10x the IRS estimate, that’s still 97% of the population without a clue.
Hopefully you’re not in that group. The site railspider suggest an option for security.
The Federal Deposit Insurance Corporation (FDIC) theoretically insures you against a major collapse, but
even they report that they are not prepared to handle a financial crisis..
This then leaves the fate of the US banking system in the hands of a government that is insolvent to the
tune of $18 trillion, and supported by a central bank who’s nearly insolvent as well.
99.7% of the population is COMPLETELY UNPRERARED for what’s to come..