Half of America’s banks are potentially insolvent
submitted 11 months ago by [deleted] from (finance.yahoo.com)
[–]iamonlyoneman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 11 months ago (0 children)
*all
All of them are insolvent. If everybody cashed out the banks would fold in two seconds. Fractional reserve lending means ALL banks are insolvent.
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[–]iamonlyoneman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)