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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2024-10-27 15:51

๐Ÿ‡ฏ๐Ÿ‡ตโš ๏ธ Current risks:

โ€ข Heavy reliance on debt
โ€ข Large US Dollar & Securities exposure
โ€ข Currency devaluation, leading to inflation

These could trigger a 90s-style crisis 2.0 ๐Ÿ“‰

User

๐Ÿšจ The system faced its biggest test during the 90s banking crisis:

โ€ข 110 financial institutions resolved
โ€ข Full deposit protection implemented
โ€ข Massive debt-based interventions

DICJ has met its insurance obligations, but at what cost? ๐Ÿค”