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Question

Unit II Discussion Board

In general, most people in the United States invest and save money through financial institutions. These banks are considered a safe place to keep our money and take advantage of interest-bearing accounts. However, what would happen if suddenly these financial institutions failed and "went under?" Think about some of the effects of this situation. Do you think individuals should stop relying on banks to invest? Explain.

 

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Banks are safer mode of investment but after the economic crisis in 2008 caused banks to move downwards. After that recession the situation of the banks did not come to its original position. The banks are striving for making their situation better but these are not going well. If government participates

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