Ryan Miller
Active member
Poll of the day
Also, keep in mind that when I said "on the brink of collapse", I mean a scenario in which a bank doesn't haven't enough money to deposit money to the people (those who put money in the bank) simply because the bank has been handing out loans and and such. There are many other reasons why banks fail but this is simply one (I'm terrible at explaining things so). Any 2008 flashbacks anyone?
Also, keep in mind that when I said "on the brink of collapse", I mean a scenario in which a bank doesn't haven't enough money to deposit money to the people (those who put money in the bank) simply because the bank has been handing out loans and and such. There are many other reasons why banks fail but this is simply one (I'm terrible at explaining things so). Any 2008 flashbacks anyone?