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How Safe is your/my bank ?
Cash_Conscious
Posts: 2 Newbie
Hi,
Might at first seem a bit of a daft question this, but can anyone advise me of where I can research how much individual banks have in reserve, as i'm trying to understand the probability of them going under in the event of a severe economic downturn.
I've done some initial research into how the banking system works, how the reserve system works, and how 'money' works and where it comes from and its quite concerning!
Hope this makes sense!,
Might at first seem a bit of a daft question this, but can anyone advise me of where I can research how much individual banks have in reserve, as i'm trying to understand the probability of them going under in the event of a severe economic downturn.
I've done some initial research into how the banking system works, how the reserve system works, and how 'money' works and where it comes from and its quite concerning!
Hope this makes sense!,
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