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!
Laitman.com Post: Banks Continuing Egoism Will Deepen The Crisis
Laitman.com Post: Why Do We Have Everything, Yet We Have Nothing?
Laitman.com Post: Today The Whole World Is Like A Child That Needs Education
Bail Yourself Out: Chapter 8:”A Way Out of the Woods”