Hi! Inventive_bat here. I want to know is it fair when the banks go bankrupt!
When banks go bankrupt most people loose their money that was kept in their bank. So if your bank went bankrupt you would loose your money. Do you think that it was the banks fault? Would you be mad if this happened to you when you are older?
Most people would say that this is unfair as it was their money that they would be saving up for different reasons & their intrest would be gone so they wouldnt get any extra money. Whereas, some people say its other peoples fault for trusting the banks
Some people dont use banks anymore as they are scared that this may happen. A solotion to this would be to get a vault and keep it locked in there.