Modern Economic Nonsense — Banking Collapse

xuanling11
Coinmonks
Published in
2 min readMay 29, 2022

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You may think the nation is safe heaven and banks are just as safe as the national economy 🏦.

Oh, well. It is not true at all.

Any nation can default, and your wealth can wipe out immediately!

It happened in Iceland, one of the economic miracles in the 90s until the 2008 global financial crisis hit.

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