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1.Explain what causes bank runs and what protections are in place to ensure American and Chinese Banks do not run out of money. If no

1.Explain what causes bank runs and what protections are in place to ensure American and Chinese Banks do not run out of money. If no protections exist, explain what could happen to the banks and the economy if the bank runs out of money.

2.What additional steps should be taken to prevent future bank runs from happening due to health, political or market problems?

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