There is more than $22 Trillion in the U.S. banking system. The FDIC has $124.5 Billion on its balance sheet and a $100 Billion line of credit from the U.S. Treasury. FDIC assets cover only 1.26% of deposits. About the size of Silicon Valley Bank. One bank.
Let that sink in.
Remember people rumors of bailouts equels EXIT LIQUIDITY for the markets. Its still very very early.
Boom before the Bust so Practuce paitence..
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