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What are the consequences of bank failures?
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What are the consequences of bank failures?

User Sproketboy
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Answer:

When a bank fails, it may try to borrow money from other solvent banks in order to pay its depositors. If the failing bank cannot pay its depositors, a bank panic might ensue in which depositors run on the bank in an attempt to get their money back.

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User Rehan Dominic
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