Does the FDIC guarantee even mean anything when all Federal agencies are being gutted, and no one can expect to be compensated? With what Trump and DOGE are doing to the Treasury, and the moves they’re making both foreign and domestic, ripping up the Democratic system of Checks & Balances, and tearing asunder the post War world order over the objection of nuclear armed European nations.
FYI the photo on this post is from a bank run in the UK
I’m puzzled. Northern Rock closed 12 years ago. The photo though doesn’t look that old?
Not much has changed in 12 years, another reason time perception is needed nowadays
1980 to 1992 was a massive cultural change, 2013 to now is nothing.
I mean, they’re offering a 1 year fixed rate bond and paying 6.71% interest, no wonder they went bust 🤭
Ha. I guess that is the give away! I didn’t see that at first.