http://www.theonion.com/articles/consumer-borrowing-increases-in-march,28144/

"It was only a matter of time before people remembered how fun it is to buy things with money they don't have."
Carrie Wackerman
Systems Analyst
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"It was only a matter of time before people remembered how fun it is to buy things with money they don't have."
Carrie Wackerman
Systems Analyst
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That's hilarious.
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IS Gubmint the only one allowed to live BEYOND IT'S MEANS ? Might as well rack up them credit cards. Many more banks are soon to fail.

http://www.fdic.gov/bank/historical/bank/index.html
Do they really have enough to repay savers in a collapse ?
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TMAC54 says
They have the printing-press, which is all they need...