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In this video, the topic of banks being able to take your money right out of your account is discussed. Depending on the amount of money you have and the type of account you have, this is possible through a process called bail in, which is the opposite of a bailout. The video highlights the importance of FDIC insurance in keeping your money safe in case a bank fails. While panicking and rushing to take money out of the bank is not recommended, it is important to be aware of how this could affect certain people. The speaker also mentions the significant number of banks that have failed in the past.
