domenica 14 febbraio 2016

A very simple way to save the banks: cash-in your deposit !

A very simple way to save the banks: cash-in your deposit !
by The Money Doctor

In the Balance Sheet of a bank, the biggest liability is: DEPOSITS FROM CUSTOMERS. To erase this liability - and thus saving the bank - all depositors should cash-in their A/C and redeposits the cash in a Safe Deposit Box. The content of safe deposit boxes is segregate from the bank balance sheet - it is not a liability like A/C . So, contrary to what the public believes, the best way to save a bank is by taking away your deposit from the bank and use a Safe Deposit Box instead. Furthermore, there is no more problems with withdrawals: you can take out how much cash you need without any further delay...

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