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The banking industry is big because global economies are big and business need ways to finance and issue debt. There's not a single tower or factory or mine or
by corimaith 2y ago
The banking industry is big because global economies are big and business need ways to finance and issue debt.
There's not a single tower or factory or mine or business I would imagine that has been financed via dome form of debt coming from elsewhere, because if we're waiting for raw cash to build things we'd be missing out of most business opportunities and the entire economy would slow.