Can anyone answer this question. If the economy takes the big one and we fall into an instant depression and banks close, what happens to mortgages? If banks are closed how does one do business such as paying bills owed?
Barter, for one thing.
are you willing to do anything to keep banks open? There have been borrowers and lenders since the beginning of time.
if banks were closed as you suggest, how would your employer pay you?
I don’t know if your question was rhetorical, but this is the kind of fear that drives Hillary voters, because we all know she loves big banks.