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2024-07-14 12:18:34
in reply to

nami on Nostr: Nowdays banks can't bankrupt (after the gold rule abandoned in Breton wiods) because ...

Nowdays banks can't bankrupt (after the gold rule abandoned in Breton wiods) because the central bank backs them up. It is a political only decision to let a bank bankrupt, like for example in the case of Greece where Dragi, the head of ECB, left illegally the greek banks without backing them up.
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npub1cm87c625x3tzqu2qzf7e845749k58u7xvx2gc8ym0wmg9sytwwuqdrzwm4