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Old 07-14-2008, 09:51 AM  
Dollarmansteve
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Join Date: May 2005
Location: T.O.
Posts: 2,849
meh, it all pales in comparison to what happened in the late 20s and early 30s in the US, when the majority of banks in the US went under like dominos. About 9000 banks in total went under.

Failures will happen (bankers are greedy), and there will be some huge failures, but there is a much more structured process to it now than back in the great depression.
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