ATM Withdrawal Limit?

Your legal access to your savings sitting in a bank is that of an unsecured creditor. In a real financial crisis, and even in bankruptcy court, you have little to no leverage.

With seemingly ever-increasing financial lock-down laws since the 2008 financial crisis. The term bank bail-in is now law in the USA. If it were used, the FDIC is the sole chance to recoup potential lost savings.

As world record debt levels further breach, including now having around $17 trillion in negative interest rates (NIRP) and further cashless policies abound.


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