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By FDIC rules, banks must steal your deposits during the next crisis

By the end of 2022, the FDIC reported that its Deposit Insurance Fund had a balance of $128 billion—less than half of the $262 billion that might be needed.

 

putting the $226 trillion debt on the backs of senior citizens

The Safety Dance >> Treasury Bills in a brokerage account

Normally you would have to buy t-bills through broker / dealers or thru treasury direct. So most people settle for bond funds. But bond funds never reach maturity and hold more than one bond.

T-bills are considered nearly free of default risk because they are fully backed by the U.S. government. And it currently yields 3.38%. 

Recent Yahoo article

 

 

Best Rewards Credit Card >> PayPal

The Bond King NEVER mentions 20% drawdowns.

Why Medical Bills In The USA Are So Expensive ~ Part 2

We can only solve the problem when we identify the root causes. Medical debt is the #1 cause of bankruptcies!

 

Why Medical Bills In The USA Are So Expensive ~ Part 1

We can only solve the problem when we identify the root causes. Medical debt is the #1 cause of bankruptcies!

 

The Wealth Transfer

The LORD will make you overflow in prosperity, in the offspring of your body, in the offspring of your livestock, and in the produce of your ground, in the land which the LORD swore to your fathers to give you. The LORD will open up to you His good treasure, the heavens, to give the rain to your land in its season and to bless all the work of your hand. You will lend to many nations, but you will not borrow. The LORD will make you the head and not the tail; you will only be above and you will not be beneath, if you listen to the commandments of the LORD your God, which I am commanding you today, to observe and to do them.

Deuter­­onomy 28:11-13 MEV

How 2 Get Rid of Medical Debt

Free FICO Score

 

The Fair Issac Corporation created the FICO score, and they are the folks that run myFICO.com. In fact, myFICO.com is the only place you can go to get your official credit score.