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A comment on Trillions in Bad Loans May Sap World Economy for a Long Time. Parent comment

Re:Trillions in Bad Loans May Sap World Economy for a Long Time by sbierwagen on Thursday February 04, 2016 @12:16PM (#11035417)
Savings accounts are FDIC insured up to $250,000.

Many retirees hold government bonds, which aren't going to default.

A consumer-debt jubilee mostly affects investors, and maybe pension funds.

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Re:Trillions in Bad Loans May Sap World Economy for a Long Time by forgetsusername on Thursday February 04, 2016 @01:11PM (#11035898)
>Savings accounts are FDIC insured up to $250,000

So? Do you think that this sort of insurance is free, and can be called upon without economic consequence?

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Re:Trillions in Bad Loans May Sap World Economy for a Long Time by golergka on Thursday February 04, 2016 @03:31PM (#11036961)
> Savings accounts are FDIC insured up to $250,000.

Where do you think this insurance comes from?

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