If your bank was experiencing a run, would you join in, or would you be confident that
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Question:
- If your bank was experiencing a run, would you join in, or would you be confident that the FDIC would be there to insure your account?
- Since the European Union does not have a unified banking system (and possibly other reasons) there is no deposit insurance at most European banks. If you had a bank account in Europe, would you be more, less, or equally as likely to participate in a bank run?
- If it was a panic instead of a run, would you feel safe? Why or why not?
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