The Dolphins Make Me Cry.com - Forums

TDMMC Forums => Off-Topic Board => Topic started by: dolphins4life on March 12, 2023, 01:14:05 pm



Title: Silicon bank collapse
Post by: dolphins4life on March 12, 2023, 01:14:05 pm
What does that mean?

Did everybody lose their money like during the Great Depression?


Title: Re: Silicon bank collapse
Post by: Fau Teixeira on March 12, 2023, 02:05:20 pm
No the FDIC insures deposits up to a certain amount.

It was created by the uber-socialist FDR to protect people when this exact thing happens.

Here's a youtube video explaining what happens:

https://www.youtube.com/watch?v=TAE8i40A5uI (https://www.youtube.com/watch?v=TAE8i40A5uI)


Title: Re: Silicon bank collapse
Post by: bsmooth on March 12, 2023, 03:23:51 pm
What does that mean?

Did everybody lose their money like during the Great Depression?

Multiple news sources, from various political biases, have all explained what happens to deposited money in great detail.


Title: Re: Silicon bank collapse
Post by: dolphins4life on March 12, 2023, 06:15:37 pm
I've seen TikToks blaming both Trump and Biden for this collapse.


Title: Re: Silicon bank collapse
Post by: masterfins on March 13, 2023, 01:00:18 am
I've seen TikToks blaming both Trump and Biden for this collapse.

I'd suggest you stop getting meaningful information from TikTok videos, with the exception of how to teach your cat how to dance.