Timeline for Would you withdraw your money from your bank if you thought it was going under?
Current License: CC BY-SA 2.5
4 events
| when toggle format | what | by | license | comment | |
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| Aug 29, 2010 at 9:03 | comment | added | SpecKK | Bank failures due to a run on the bank are self fulfilling prophecies. If you've had a good relationship with your bank and you don't feel they've been particularly irresponsible, leave your money rather than doing your part to kill your bank. Diversifying into a couple of banks is actually a wise move for better access in a pinch, given some of the problems that have been exposed by the current crisis. | |
| Aug 24, 2010 at 16:22 | vote | accept | Muro | ||
| Aug 24, 2010 at 16:22 | comment | added | Muro | I'm a little surprised at the number of people who would just leave their money in the bank and hope the government will take care of them. I'm glad to see there is at least one other person who would take action instead of depending on such things as "hope" and "faith" - especially in government. Reminds me of a quote "A slave is one who waits for someone to come and free him.", Ezra Pound. Applied in this context "An American is one who waits for the government to come <insert entitlement here> him." | |
| Aug 24, 2010 at 13:59 | history | answered | Michael Pryor | CC BY-SA 2.5 |