Diaper boy is just letting you know that when the Feds take over the SMALL banks they will bring in thier own currency welcome to socialism.
The Federal Deposit Insurance Corporation is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks.
State regulators closed New York-based Signature Bank on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank in a collapse that stranded billions in deposits.
Here's what the POS isn't telling you because he's to stupid corrupt or just an idiot.
So for any small business that has anything over 250,000 for bills, payroll, new product etc.etc. or just a nest egg ITS GONE and hopefully they had at least the 250 covered otherwise ITS ALL GONE.