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the FDIC is supposed to cover the customers for any losses up to $250K, the problem is that they only have about $200 billion on hand to cover those losses but they have insured about $9 Trillion. In another video where they talked about this issue they stated that the FDIC only has 3 pennies to pay out for every $1 insured.

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Been talking to some of the guys in the matrix chat, we have come to the agreement of how CBDC will be implemented.

Currently the banks in the USA are going under or expected to go under and a "Bail-in" is what seems to be taking place.

Many Bank of America customers are reporting that money is "disappearing" from their accounts and the same seems to be happening with other banks.

apparently Obama made it legal to for banks to do a bail in some time in 2015.

rumble.com/v28qh1x-banks-admit

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Merovingian Club

A club for red-pilled exiles.