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Banking collapse

Banking collapse | WHEN YOU’RE POOR; BUT THE BANKING SYSTEM COLLAPSED AND YOU BUY THE BANK | image tagged in banks,economy | made w/ Imgflip meme maker
207 views 5 upvotes Made by MoFuzzero13 1 year ago in politics
6 Comments
1 up, 1y,
1 reply
If you buy the bank you also acquire their debt
1 up, 1y,
1 reply
I can always sell the debts
0 ups, 1y,
1 reply
Just like the bank
0 ups, 1y,
1 reply
If I own the bank, I am the bank.
0 ups, 1y,
1 reply
Ok.. so you buy the bank, which is broke because they don’t have the money to pay back the depositors, whose money they lent to people who didn’t pay it back to the bank. If it were as simple as “selling the debt” why wouldn’t they have done that themselves in the first place?
The depositors get screwed, even by you.
0 ups, 1y
Mastery in Elephants vs local villagers and banking. Most impressive.
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WHEN YOU’RE POOR; BUT THE BANKING SYSTEM COLLAPSED AND YOU BUY THE BANK