Policy-makers have declined to provide blanket FDIC insurance because it’s a political issue. Which is something NO ONE wants to admit. So instead, the FDIC is implementing full depositor bailouts on a case by case basis which is rapidly depleting their reserves March 27, 2023 7:53 pm
The fed only had $128 billion in FDIC insurance funds. It gave SVB and Signature bank $143 billion. It has no more money for bailouts March 21, 2023 10:35 am
Federal Deposit Insurance Corporation (FDIC) Alert! Special filing with Federal Register: FDIC submits notice for CLOSED DOOR meeting that already occurred as the public interest did not require consideration of the matters in a meeting open to public observation. March 13, 2023 4:35 pm
Who Knew Denmark Offered 4 Years of Unemployment Insurance…But can no Longer Afford it, Go Figure. March 6, 2023 9:28 am
Insurance industry CRUMBLING amid covid “vaccine” excess deaths and massive investment losses March 3, 2023 3:03 pm
Sign Of The Times? Citi Economic Surprise Index Falls To -17.70 As US CDS (Default Insurance) And Fed Reverse Repos Remain Elevated January 21, 2023 4:56 pmJanuary 20, 2023 4:39 pm
Why Is It Important to Have Life Insurance During a Recession? November 24, 2022 9:05 pmNovember 24, 2022 2:05 pm
Hurricane Ian To Unleash Up To $70 Billion In Losses, Insurance Market Devastation And Even Bigger Spike In Inflation- Ian is arriving in the wake of six insolvencies among insurers that write homeowner policies in the state September 29, 2022 9:19 am
Things to consider when taking up car insurance in Georgia September 23, 2022 9:43 pmSeptember 22, 2022 7:43 am
US life insurance companies: Deaths have unexplainably increased by 40% in 18-49 yr olds September 19, 2022 10:00 pm
No mortgage insurance requirement, no income information, no stress test. Just 2008 on steroids September 11, 2022 1:30 pm
Insurance CEO, Todd Callender… Excess mortality 84%… Excess disease 1100%… Expected excess increase to 5000% September 6, 2022 8:19 pm
Life Insurance CEO Reveals Deaths Are Up 40% Among Working People: “Just unheard of” July 4, 2022 6:47 amJuly 3, 2022 6:52 pm
Fifth largest life insurance company in the US paid out 163% more for deaths of working people ages 18-64 in 2021… June 17, 2022 8:50 pm
“I happen to be in the morbidity business; I’m the CEO of a large insurance group, and we underwrite morbidity risk … Based on what it is we are seeing, the rates right now, excess mortality at 84%, and excess every kind of disease at 1100%” – Todd Callender June 2, 2022 10:33 pm
Bob Moriarty: ‘Gold is an insurance policy against the stupidity of governments’ May 25, 2022 5:54 pm