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1. karna :flipflop: (karna@poa.st)'s status on Tuesday, 21-May-2024 23:00:02 JST karna :flipflop:

   in reply to

   @IAMAL_PHARIUS :angrylaugh: :angrylaugh: :angrylaugh: FDIC borrows from Fed to bail out regionals last year. FDIC can't pay back Fed on its own. FDIC increases "specal assessment fees" to bigger banks to bail itself out. BNigger banks are now even more intertwined with govt and more too big to fail. FDIC claims it can insure all deposits. Rinse and repeat