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> Similar to failed banks, something like this would need to be dealt with using a special procedure to prevent bank runs. You could, I suppose, use exactly th
by actionablefiber 4y ago
> Similar to failed banks, something like this would need to be dealt with using a special procedure to prevent bank runs.
You could, I suppose, use exactly the same procedure you use for a failed bank, which is force them to auction off their assets and liabilities, rolling their depositors into other, better-behaved banks.