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Citation? I don't believe this is the case, I believe a bank needs liquid assets to cover a certain amount of its expenses, not all liabilities?
by VirusNewbie 5y ago
Citation? I don't believe this is the case, I believe a bank needs liquid assets to cover a certain amount of its expenses, not all liabilities?
- seoaeu 5y agoFor liquid assets maybe. But if total assets -- liquid and otherwise -- are insufficient to cover all liabilities, then the bank is straight up insolvent.