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Comment Re:Accident? (Score 3, Interesting) 377

Actually, there are way too FEW banks today, as is evidenced by the rhetoric that they are all "too big to fail." Between 1929 and 1923, *thousands* of banks failed. We've had less than 30 banks fail this year. Banks in operation in 1929 - 25,568 Banks in operation in 1933 - 14,771 We're being told that any single one of the big banks failing will plunge us into a similar depression.

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