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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession" (lemmy.blahaj.zone)
submitted 2 days ago by florencia@lemmy.blahaj.zone to c/whitepeopletwitter@sh.itjust.works
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Source: https://bsky.app/profile/jrothst.bsky.social/post/3liin7up3ck2z

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[-] BradleyUffner@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

Credit unions are covered by the NCUA, which is serves a similar function as the FDIC, but is a completely separate entity. I've been moving funds to my credit union account for the time being to act as a buffer. I'm not confident they won't go after both the FDIC and the NCUA, but I'm hoping the NCUA can buy some time if the FDIC goes down first.

this post was submitted on 21 Feb 2025
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