Case 7:

K: Yo Jacob, do you have a moment?

J: Hi Billy, for you anytime?

K: what’s a Bank Bail in?

J: you’ve been watching the news

K: yeah,

J: remember when the federal government stepped in and bailed out big banks that were deemed too big to fail in 2008

B: yeah

J: this is a bank Bailout

K: yeah, I asked about a bank bail-in

J: is where a bank will use money from unsecured creditors including its own depositors and bond holders to “save their bank.”
so if you are high rolling in lots of cash, dont keep more than $250,000 in each bank

J: frankly, it shady, and wrong and companies ought to do and be better

…(read more)

LEARN MORE ABOUT: Bank Failures

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Welcome back to another installment of “Questions with Billy!” Today, we have a variety of thought-provoking and intriguing questions that will surely get your brain cells working. Let’s dive right in!

1. If you could have any superpower, what would it be and why?
This question always sparks a lively discussion as everyone has their own unique answer. Some may choose to fly so they can travel the world at their own convenience, while others may opt for super strength to help those in need. The possibilities are endless!

2. What’s the most challenging aspect of your current job?
This question allows individuals to reflect on their careers and think about the areas where they may need improvement or may be struggling. It’s a great way to open up about challenges and brainstorm possible solutions.

3. If you could visit any place in the world, where would you go and why?
Travel is a topic that never fails to capture our imagination. Hearing about the dream destinations of others can often inspire us to explore new places and cultures. From the bustling streets of Tokyo to the serene beaches of Bora Bora, the options are truly endless.

4. What’s one piece of advice you would give to your younger self?
This question encourages individuals to reflect on their past experiences and think about the lessons they have learned along the way. It’s a great way to share wisdom and offer guidance to others who may be facing similar challenges.

5. Who is your biggest inspiration and why?
Whether it’s a family member, friend, or historical figure, everyone has someone who inspires them to be the best version of themselves. Hearing about these personal stories can be incredibly uplifting and motivating.

As always, “Questions with Billy” never fails to spark engaging and meaningful conversations. We hope you enjoyed this installment and look forward to more thought-provoking questions in the future. Thanks for tuning in!