[therotman]

Originally Posted by daepp

FDIC insurance is worth the exactly the same as the promise on the front of the Federal Reserve Notes (cash) you want to pull out of the banks. No difference whatsoever - if one fails, they're both worthless.

Anyone who advocates pulling insured deposits out of banks is an alarmist and contributes to the problem we are facing today - and even though it's cliche, it's akin to shouting fire in a crowded theater!

so we should buy yuans?