Do you think individuals should stop relying on banks

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Reference no: EM133432716

Question: 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.

Reference no: EM133432716

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