How shall I handle the Citibank problem now that Indycorp has failed?

Question

I mean, the Fed cannot underwrite everybody, right? The have taken the rates down to 2% and anything else is futile. The truth is, we have increased the money supply to the max and it just is not working like Dr. Friedman said it would. Should we return to the Keynesian model or throw in the towel? Yipes, I don't need all this abuse. I am a human being, damit!!!!!!!!

Answer 1

Don't use banks accounts if possible.Even pre-paid credit cards are better. Or buy travelers checks and put them into a safety deposit box . Sound radical -maybe not in the end. I found out the hard way when my husband passed away. I only use banks when I have to indirectly. Of coarse I am an average person with an average income.

Answer 2

People get ready for the banks are falling, don't need no ticket, you just withdraw your funds. You can forget about faith cause the time is comin when your money is gone and you're broke as h**l...

Answer 3

just get ready for the $ to fall another 50%

Answer 4

use canadian banks they are stronger and have less credit problems

Answer 5

IndyCorp was hollowed out like a rotten old tree ready to fall in the 1st wind.....I call this run on a bank the 1st of many...Schumer had nothing to do with the lack of sound financial underpinning of the bank