No Stupid Questions • 9 months ago

What would happen if the US didn't bail out the banks again like in 2008?

71

What would happen if the US didn't bail out the banks again like in 2008?

No Stupid Questions • 9 months ago

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6•9 months ago

Now for the average joe, there’s the social security system which will cover up to 100k in money lost in a bank collapse

In the US, FDIC insurance covers up to $250,000 for most depositors.
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  3•9 months ago
  Just adding NCUA is the credit union equivalent for protection.

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