4 ms·
I would recommend people familiarize themselves with what happens historically when bank failures happen unchecked. It’s catastrophic. Good luck to you if any o
by softwaredoug 4y ago
I would recommend people familiarize themselves with what happens historically when bank failures happen unchecked. It’s catastrophic. Good luck to you if any of these companies employs you or owes you money.
A good book with a first person blow by blow is “The Great Depression: a diary”
- lapcat 4y agoEveryone is aware of the Great Depression. This ain't it.
- softwaredoug 4y agoI don’t think it is either. It’s just an important reminder the end state of letting banks fail.
- lapcat 4y agoThe FDIC isn't letting the bank fail. Quite the opposite. The FDIC stepped in and stopped the bank from failing. Otherwise, the bank's deposits would have been completely wiped out the other day.
- JohnFen 4y agoThis isn't going unchecked.