As Private Banks Collapse One Public Bank Thrives

In capitalist news, journalists bemoan the fate of the collapse of mid-level commercial banks.

However, there is one bank that is not only not being shaken by capitalist instabilities, but is thriving. That is the Public Bank of North Dakota. This bank has the fastest growing GDP in the country. Public banking is a movement with plans to spread to at least six other states. Along with workers coops, public banks are a necessary transition to socialism.

Read in Global Research

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