Economic Collapse

[EarlyOne]

Question: If a few or majority of the major banks go down, will the FDIC deposit insurance be enough to cover all the deposits meeting your criteria?

FDIC Deposit Insurance Fund Hits $33 Billion After 2009 Deficit
By Jesse Hamilton Apr 11, 2013 2:46 PM CT

At $250k coverage per account the $33B covers 132,000 account holders. At $500k coverage per account the $33B covers 66,000 account holders.

So by my calculation, if there are between 66,000 and 132,000 account holders affected by a few major banks going down then everything will be fine. Of course there will need to be a refilling of the FDIC insurance coffers after such a take down.