The likely answer is "Yes"
if people are being honest about it.
However, then there are places like China where even if a too big to fail bank actually collapsed no one would find out about it and anyone who tried to talk about it would suddenly disappear.
Is this the future of "Too big to fail banks"?
where governments hide the financial truths from people all over the world?
Answer: Likely it would be the only way to prevent the financial collapse of all nations on earth.
I know this is a strange answer but unfortunately either you break up all the "too big to fail banking systems on earth" or you have to lie to all the people on earth to avoid something much worse than the Great Depression worldwide eventually.
Otherwise when a too big to fail banking system collapses it would be the end of civilization (at least in being how we know it to be today).
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
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- I think Wikipedia (especially English Wikipedia) is worth donating to to keep it alive because it is a non-profit. Also, this article is Wikipedia on Roswell Crash in 1947
- Hurricane Simon pounds resorts and vulnerable towns along Mexico's Pacific coast
- Israelis mourn on the anniversary of the Oct. 7 as Palestinians grapple with war it sparked
- Michael Douglas talks to Bill Maher about his life: Video Several different videos on Kimmel and The View Too I guess
- This somewhat explains why Extraterrestrial contact is gagged mostly in the U.S. and other nations
- Writing to save the world
- Dolly Parton on English version of Wikipedia
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