Pip@feddit.org to Europe@feddit.orgEnglish · 2 days ago€37 trillion sitting idle: Why are Europeans afraid to invest?www.euronews.comexternal-linkmessage-square34linkfedilinkarrow-up152arrow-down16
arrow-up146arrow-down1external-link€37 trillion sitting idle: Why are Europeans afraid to invest?www.euronews.comPip@feddit.org to Europe@feddit.orgEnglish · 2 days agomessage-square34linkfedilink
minus-squareplyth@feddit.orglinkfedilinkEnglisharrow-up1·2 days agoBut you lose them if the bank’s investment goes south, apart from a small specially secured part.
minus-squarejenesaisquoi@feddit.orglinkfedilinkEnglisharrow-up3·2 days agoIn Switzerland it’s 100k per person per bank. So Swiss people can have millions actually secure, if they put no more than 100k per bank.
minus-squareCaptObvious@literature.cafelinkfedilinkEnglisharrow-up2·2 days agoNot in the US. FDIC insures deposits up to $250k per person per bank.
But you lose them if the bank’s investment goes south, apart from a small specially secured part.
In Switzerland it’s 100k per person per bank. So Swiss people can have millions actually secure, if they put no more than 100k per bank.
Not in the US. FDIC insures deposits up to $250k per person per bank.