explain themselves if they have to answer to investors, loaners, lawyers and even state officials after such tumultuous market activity. They have to be business savvy and legally vetted with a real financial emergence plan BEFORE they can say anything to the public. You think freezing your withdrawals was a bad idea? Imagine for one second if they didn’t do this. Everyone, and I mean everyone, would be rekt.
Sir we are already rekt
If they didn’t stop the bank run their rivals instigated with FUD (to destroy them and us) then we’d have lost everything now. That’s why any bank stops a bank run or it will rekt a bank and customers regardless whether the fud was or wasn’t justified. It will destroy it. So be thankful they locked our accounts or we’d have lost everything now and we’d be in the MacDonald’s job applications forum now. Any fudder in this group who doesn’t get this after repeatedly explaining it, is an obvious paid troll or an idiot.
Not unless you’ve lost all your savings. Locked savings are still there unless they say that you’ve lost them.
If you feel locking accounts means you are financially ruined, I have no response. I’m sorry but that is not how the world works.
Exactly what I was saying last week. They pulled out of UST before catastrophe, I’m giving them the benefit of the doubt that they locked withdrawals before catastrophe. We would have cannibalized ourselves if everyone was able to withdrawal when and how much they wanted to.
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