Sep
28

Did My Bank Just Fail? Netbank Update

I think so.

netbankNetbank
Cripes!

Update - 109 million lost / not insured!

Saturn transit to the 8th??

Astrology, , ,   |   Posted at 1:50 pm 

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9 Responses to “Did My Bank Just Fail? Netbank Update”

1.
seekingzen
seekingzen

That can’t be good.

 
2.
Carielle
Carielle

Wow! Sorry to know that affected you (and the others who bank there). Not a good way to start a weekend, eh?

 
3.
Debby
Debby

Ouch. I hope you don’t have your life savings there…
8th house Saturn transit - come to think about it, you’ve been going through a couple of resources being cut lately - first the power in your house going out, now your online bank going out.

 
4.
Neith
Neith

Eighth House issues/transits was what popped into my mind too. What a royal pain in the ass!! You’ll get it straightened out but it is so Saturn in Virgo . . . walk through it piece by piece. Lots of well wishing to you!!

 
5.
Amethyst
Amethyst

I was told that the federal gov insures our bank accounts up to a hundred thousand dollars per account. That’s what keeps everyone from withdrawing all the money they have in the bank and creating a panic.

 
6.
Elsa
Elsa

Amethyst - yeah, but that’s not much comfort if you have 6 million! You get wiped out. And the gov’t can only honor that commitment as long as it has money to do so and the gov’t has no money. We’re sort of in debt, you know? So if a bunch of banks start failing, then what?

 
7.
Alison
Alison

If a bunch of banks fail the U.S. is in recession

 
8.
seekingzen
seekingzen

Um, I think we’ve already hit the point of recession, whether the folks in charge are willing to cop to it or not. Though I guess I’m sitting here in Michigan, which is getting hit harder than the rest of the country…

I think if a bunch of banks start failing, we’re in real trouble. I’m reminded of that article that suggested we start buying gold and stockpiling necessities. *gulp*

 
9.
SaDiablo
SaDiablo

Amen, seekingzen! I’m in WV and it’s total recession city here.

 


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