[everforward]

This is incredibly obscure for normal people. FDIC covers up to $250k, I believe per bank but don’t hold me to that.

You have to have a metric shit ton of cash laying around before you can’t be fully covered by FDIC stripes across a few banks.

Bank runs haven’t been a “normal person problem” in nearly 100 years (FDIC started in 1933 after the Great Depression bank runs).

[pasc1878]

Not really the media were covering it a lot in 2008 - Front page headlines in newspapers and first story on TV news.

Ok people did not lose money directly. But they were withdrawing from some banks (e.g. Northern Rock) and it made massive economic and political issues.