Hacker News new | ask | show | jobs
by wolverine876 1195 days ago
> Scary how fragile our financial systems can be in the face of herd mentality and irrational behavior.

Ironically, that response is the herd mentality and irrational.

Depositor funds aren't fragile: They receive 100% of $250K, and a substantial amount of other funds.

The financial system isn't fragile at all: There is no systemic impact.