50% Of The World Banks Could Not Survive The Next Capitalist Crisis

Banks like to present themselves with an air of stability and confidence, despite the fact that they rarely lend any money other than for the production of fictitious capital. After surveying 1,000 banks, the authors of this article agree that half these banks would go under or would be forced to merge with other banks when the next crisis occurs. Please check out the accompanying short articles as well.
Read in RT
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About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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