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What should you do if your bank has collapsed overnight?
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if i know svb bank will collapse
i will borrow a lot of money from them first
then collapse
i no need to pay
maybe borrow from deutsche bank
then hope it will collapse
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(30-03-2023, 07:21 AM)singaporean1964 Wrote: if i know svb bank will collapse
i will borrow a lot of money from them first
then collapse
i no need to pay
maybe borrow from deutsche bank
then hope it will collapse
there is no clause , it is forgiving its loan.
svg problem is due too prudent investing, too much in low yield bonds products.
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(30-03-2023, 07:21 AM)singaporean1964 Wrote: if i know svb bank will collapse
i will borrow a lot of money from them first
then collapse
i no need to pay
maybe borrow from deutsche bank
then hope it will collapse
Will that suggestion be possible, no need to repay the loan...................?
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Always have 2 or more savings account...banks don't collapse overnight watch the signs.
If one bank got problems immediately transfer out to t the other
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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no such probloem for me.
Me only trust my biscuit tin underneath my bed.
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Money wonât grow in biscuit tin
Unsafe ..anytime kena stolen
The late sadam Hussein hid his money underground also kena found out
No weapons that forms against me shall prosper
No tongue that rises against me I shall condemnÂ
âď¸
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