The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (70883)	10/3/2006 9:20:36 PM
From: bart13	Read Replies (1) of 110194

Deposit insurance can also be a bad idea since it can provide a false sense of security, etc. - its also an example of the beginnings of the US "nanny state". A case can be made that bank runs clean the system of poorly and/or unethically run banks, and that not fully trusting banks is not a bad thing. There is no amount of regulation or oversight that will guarantee a safe bank, or company or whatever.

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