Insured deposits hit $10.5 trillion, FDIC fund holds only $140.9 billion, a penny of coverage per dollar insured
Total Insured Deposits: $10.5 TRILLIONFDIC Insurance Fund: $140.9 BILLION That’s just over a PENNY for every DOLLAR they "insure." Yields are rising, bank losses are growing, and what comes next could be much worse. Don’t assume "your money" is safe. …
