Kim Perales

Banking Collapse: #FDIC: dismantling -underway:

Collapse of inst safeguards -procedural. Weakening of #FDIC oversight +mvt toward prv dig assets affect lg banks/crypto +YOU.

Your Savings:🚨Dereg -quietly transferring risk back onto depositors.

Access: Centralizing control under: TSY: fewer✔️s & bals. Decisions re your💰-less transparent -more pol.

FIN options: Rapid dig/prv-mkt...

Consumer protections: Recent leg dismantling restrictions...

HOU instability...

#USPol https://criticalresistance.substack.com/p/banking-collapse-update-the-fdic

Banking Collapse Update: The FDIC Dismantling is Underway

An update to the original analysis on the FDIC dismantling.

Critical Resistance
Mar 31, 2025 at 5:24pmWeb
Show threadKM6ECCApr 6, 2025
@KimPerales anyone have any sense if this #fdic madness is impacting credit unions and the #NCUA ? Could credit unions be a relatively safe harbor from the banking crisis? Or are credit union deposits just as vulnerable?
Show threadKim PeralesApr 6, 2025
@km6ecc
I don’t trust this admin. I hope that credit unions aren’t impacted, that many of depend on for our banking needs.