• TraschcanOfIdeology [they/them, comrade/them]
    ·
    edit-2
    2 years ago

    I wasn't in the US, and during that financial crisis the equivalent government mechanism to insure peoples' savings failed because of the amount of people requesting it to pay for their livelihood.

    To this day people prefer stuffing cash under their mattress than putting it in a bank, because they don't trust the banks or the government to give them their cash back.