Reinko

Are Big Banks Too Big to Fail?

The FDIC cannot be 'brought down' because a bank is 'too big'.

The FDIC 'insurance fund' has no real money in it; it is only an accountancy vehicle that measures how much 'insurance premiums' the banks have paid and how much is withdrawn from that 'fund'.

In the fund are only Treasuries, even the coupon is paid with more Treasuries. The money the banks paid over the last decades is long gone and spend on everything from military stuff to whatever what.

Each and every bank failure is paid by enlarging the US Federal deficit.

Don't forget: If you add up all those fake funds in the US government (it is so called hidden debt that brings down the official deficit) and add the official deficit you are over 100% of the US gross domestic product...