What would happen if all the banks went under?

Question

What would happen if all the banks went under?

Answer 1

are you just talking about one nation or world wide.

If just the USA then we will have a civil war, lots of pain and death. finger will be pointed, a whole bunch of morons will blame President Bush. Then we will heal and emerge even stronger than before.

If its the whole world then WWIII breaks out and when the dust clears only Mel Gibson and a handful of survivors will be here to tell the story.

Answer 2

complete chaos forcing the world governments to convene and form a one world banking system, this is turn would precipitate what many are calling a master conspiracy theory of the new world order. One govt, one bank, and total control in the hands of very few...very dangerous.

Answer 3

that wont happen. we learned in the 30s from the great depression. the govt will bail out everyone before that happens

Answer 4

We might have to start using cash instead of cards! Shock horror.

Answer 5

bush will give every account holder $100.000 FDIC insurance, but don't hold your breath waiting for it if as you say all banks go under.