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High Leverage and Willingness to Pay Evidence from the FDIC Fdic  Form

High Leverage and Willingness to Pay Evidence from the FDIC Fdic Form

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what's up everybody I am desperate sing I'll welcome to the minority mindset every time you go into your bank you see or should see a sign that says your deposits are FDIC insured but do you know how FDIC insurance really works I mean everyone knows the general idea you have $100,000 in the bank and your bank fails oh no and now your bank is shut down and you can't get your hundred thousand dollars back oh no but all hope is not lost because you have insurance from the Federal Deposit Insurance Corporation or FDIC which ensures their deposits up to two hundred and fifty thousand dollars and I already made a video where I explain to what happens with your bank runs out of money and I'll link that in the description below but in this video I want to go over how the FDIC really works and how it affects your wallet so hit that thumbs up button sit back and buckle up because this is gonna be a bumpy ride your bank pays money into an insurance fund called the FDIC just in case things go sout

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