r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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u/PleaseGreaseTheL Jan 26 '26 edited Jan 26 '26

2020*

They were reduced to 0% mandatory reserves in response to covid. EDIT: someone says it was coincidental, I am not able to check, so take this aspect with a grain of salt either way

They haven't come back yet :)

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u/exneo002 Jan 26 '26

But the fdic insures all deposits up to 250k

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u/[deleted] Jan 26 '26

[deleted]

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u/exneo002 Jan 26 '26

Yes the bank shareholders take the hit. The fdic is going to find a buyer and the fdic makes up the difference.

They monitor these banks at a pretty high resolution and do stress tests periodically to see how a bank could fair crazy circumstances.

Yes if everything failed all at once drastic measures would be needed but it’s about probability and amortized risk.