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submitted 1 year ago by JasonCarswell from imgur.com
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[–]SoCo 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - 1 year ago (0 children)
These aren't banks, they are gambling fractional reserves. They only actually have 10% of the cash they have on paper. They've all gambled their money they are meant to back their customer accounts with on long term treasuries that are at a massive loss due to Biden's economy and the FED's attempt to hide it.
Here comes the selective bailouts, as they hope to crush crypto related banking, so that the public has no escape from it economic crash.
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[–]SoCo 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - (0 children)