Everything Unnecessary Will Vanish!
Posted on July 23rd, 2009 at 4:00 pm
In the News (from Bloomberg): “Five Banks Seized, Raising U.S. Tally This Year to 45” Five U.S. banks with total assets of about $1.04 billion were seized by regulators, pushing this year’s tally of failures to 45 as a recession drives up unemployment and home foreclosures.
My Comment: Financial institutes are changing their configurations and some of them will vanish. The extra, unnecessary enterprises will need to close. Salvation is in educating the population!
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