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> probably contagion would spread and many banks would fail I see this mentioned a lot, but I have still not seen a valid explanation of why this would be the
by riffraff 4y ago
> probably contagion would spread and many banks would fail
I see this mentioned a lot, but I have still not seen a valid explanation of why this would be the case.
Do we think a lot of companies in random industries will run and pull out their cash from banks to put it... where?
- EMM_386 4y agoEverything would get moved to the handful of "too big to fail" banks.