Gabor Gurbacs

@gaborgurbacs · 11. März 2023

Crucial stat about FDIC reserves. @elonmusk

Gabor Gurbacs@gaborgurbacs· 10. März 2023

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.

Elon Musk

@elonmusk

Comforting …

01:17 · 11. März 2023 · 620.461 Aufrufe

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