SUBSIM Radio Room Forums - View Single Post

Skybird · 03-15-23, 12:16 PM

The central banks have created bubbles and bubbles, and then blew them up more and more.

Are we seeing the first cracks in the balloon hull?

The deposit guarantee system in Germany guarantees, depending on the institute association, 0.6 to 0.8% of the total customer deposits. It's already better positioned than the American one, but please - what are guarantees for not even 1% of the deposits?

Joys of fractional reserve banking, one of the biggest coups in the history of financial crime. Have fun.

03-15-23, 12:16 PM	#292
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,528 Downloads: 9 Uploads: 0	The central banks have created bubbles and bubbles, and then blew them up more and more. Are we seeing the first cracks in the balloon hull? The deposit guarantee system in Germany guarantees, depending on the institute association, 0.6 to 0.8% of the total customer deposits. It's already better positioned than the American one, but please - what are guarantees for not even 1% of the deposits? Joys of fractional reserve banking, one of the biggest coups in the history of financial crime. Have fun. __________________ If you feel nuts, consult an expert.