They are FDIC insured. I heard this at least 10x this weekend.

they don't knoww

They think the government cares about them and will fix it. They don’t know a way out of the system.

They think TINA

Because there's a pile of laundry to do, there's the washing up, the neighbour won't stop drilling, there's someone shouting in the middle of the road, there's security tags on cheese etc

Focus on immediate concerns: Some people may be more focused on immediate concerns such as their job, family, and personal finances, and may not have the time or energy to think about larger economic issues.

Business as usual. The government will help out of there is a crisis. 'Everything will be fine' 🤷

They haven't been told to

Many people may not fully understand the complexities of banking and finance, and therefore do not fully grasp the significance of bank failures and bailouts.

YES

Their social media algorithms are only feeding them unimportant drivel

because this doesn’t affect me, I have a few hundred in checking

Because they don’t understand how money works

they don’t math good

They don't think it can happen to them. People need pain to learn.

Flouride

“Well it’s not MY bank so it doesn’t matter to ME”

Lack of second-order, or higher thinking.

It doesn't affect the outcome of The Bachelor season 14.

85% of people cannot think for themselves or are capable of creative thinking. As long as the party line is : “Trust us, you’re deposits are safe, FDIC insurance.” They’ll repeat it over and over again. They’re like the proverbial frog in the cooking pot: Slowly boiled over time via in...

Your post is causing quite a stir. Added to the https://member.cash/hot feed

Because there's nothing we can do about them

Ignorance

Because it doesn’t effect them…yet!

They're too busy working to pay the rent