More reasons to be wary of keeping all your wealth in banks. Now's probably a good time to have a vault installed. Maybe even jewelry might be worth keeping.
This may not be a good time to have money stored in banks, if indeed more than 50% of them are weakened and may not survive an economic downturn.
The real problem is where we go with our money, and no one seems to have a proper answer to that question. One could say that buying Bitcoin or Gold is a good option, or real estate, but even when doing that, there will always be a significant part of our worth stored in bank accounts because a bank is still the best place to actually store our money.
We do need cash, at least that's one thing that banks are still useful for. Hopefully it don't get so bad that banks restrict the amount of money that can be withdrawn like what happened when Greece went bankrupt. I'm just curious, do you stay within the government-insured limit of deposit?