Is Money in the Bank safe
By ajinomoto23
@ajinomoto23 (1057)
Philippines
December 31, 2007 10:55pm CST
Currency devaluation has cause many to think - it is safe to put money in the bank. There is also the current issue on identity theft. Majority of the victims simply are silent about this crisis in the banking system. Banking system has never been secure. Money should have been invested wisely. A single person would have been richer if money did not devalued or stolen, or deposited in a bank that went bankrupt.
2 responses
@jithendra89 (67)
• Australia
11 Mar 09
not if you check before you deposit. Check the banks rank in the world before doing transactions with a bank if it is below 1000 your money is safe.
@ajinomoto23 (1057)
• Philippines
12 Mar 09
Hope future banking system will help boost the economy. China Banking system is government owned. Printing more money and giving away money to the poor seems to be the present solution to boost the economy. It is like drawing water from the well they have to dig deeper by putting more water.
@Sir_bobby88 (8231)
• Singapore
11 Mar 09
I think bank is consider kinda of safe already , if don't have bank then i think the country will collapase yea .
@ajinomoto23 (1057)
• Philippines
12 Mar 09
Partly economic crisis is due to fraudulent practices of the banks. Credit is a bad word now a days.
