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Lol. People acting like the world is ending when the reality is this is a classic run on banks. There's still a ton of outstanding loans that will be now payin
by hparadiz 4y ago
Lol.
People acting like the world is ending when the reality is this is a classic run on banks. There's still a ton of outstanding loans that will be now paying Chase for the next 20-30 years. Larger banks can more easily accommodate depositor withdrawals.
It's not like the subprime mortgage crises at all but even that turned out a net profit for the feds when all was said and done.