Leave it be. They focus on the banks that are failing. I heard a stat that 98% of banks are solvent. A more useful metric would be, what percent of people's deposits are in solvent banks? I would hazard a guess that it's a pretty high number.
Banks, and other investing bodies who over-expose themselves to risk will run into problems. This has occurred as long as one person asked someone else to hold their money for them, and won't stop happening, I don't think.
I agree. If I had any money , I wouldn't change anything just yet. Let the market settle for awhile.
I've Been Boo'd
I've been Frosted
Today is the oldest you've ever been, and the youngest you'll ever be again.
Bookmarks