RE: Are Canadian Banks INSOLVENT? If People Withdrew Their MONEY, Is It GAME OVER!?

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jamiesventures (33)in #money • 8 years ago

Thanks for the stats. At least on paper BMO is less insolvent.

8 years ago in #money by jamiesventures (33)

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theeconomictruth (58) 8 years ago

They are close to a fractional reserve banking. The rest is using a zero reserve policy that BOC implemented for Canadian banks.

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