Sovereign Man Notes From The Field By Simon Black
February 23, 2016 Santiago, Chile
February 23, 2016 Santiago, Chile
Negative Interest Rates In the US? Just Ask The FDIC.
Last
week the FDIC released its annual financial statements, giving the public a glimpse into the financial condition of the organization responsible for backing up the entire US banking system.
The numbers are pretty incredible.
The FDIC maintains the Deposit Insurance Fund (DIF), which is the emergency stash for nearly all bank deposits in the Land of the Free.
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The numbers are pretty incredible.
The FDIC maintains the Deposit Insurance Fund (DIF), which is the emergency stash for nearly all bank deposits in the Land of the Free.
~~~