r/TheGreaterDepression • u/jeremiahthedamned • Nov 24 '24

'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis

/r/news/comments/1gxtmic/i_have_no_money_thousands_of_americans_see_their/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button
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4

u/Ok_Sea_6214 Nov 24 '24

All banks are set up to fail, any day now. Only the big ones will be saved by the bail in regulations.

3

u/jeremiahthedamned Nov 24 '24

i really do not know what is going to happen.

i do know that real estate will fall.

1

u/Ok_Sea_6214 Nov 25 '24

Indeed, it's already guaranteed. The shock required for enough QE to save this would be so huge that it would instantly break the market, it's mathematically guaranteed.

The crazy part is that no one seems concerned about it, when we had the same thing in 2008. Meaning they are willfully ignorant.