When banks get robbed, how does the bank get the money back?
In: Economics
Insurance. Banks are insured, and the big banks won’t fail because they’re “not supposed to”. Further, even if they aren’t, they make so much that honestly it’s the least of their problems.
It’s the same reason you lose no money if your bank gets robbed – you have between 75k and 250k coverage, entirely for free, depending on your country if you live in the first world.
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