Respond to a colleague with meaningful comments. Your response should be in the 75- to 100-word range. The response could be anything like what you liked about what the colleague said or respond back by asking a meaningful question that could keep the topic flowing.

Hello class,

Banks are what businesses, organizations, and individuals put their trust in to hold on to the money they have earned from their jobs or profits they've gained. Thanks have one specific goal: to keep control over the money entrusted to them, provide loans to others, and buy particular real estate with the money in their care. The more money a bank is interested in, the more it can do regarding loans, mortgages, down payments, etc. If the bank starts to fail, society's reaction will be a repeat of the Great Depression. But differently, since it is not about credits anymore, if One Bank were to fail, all the recipients in that bank would try to pull all their money at once. This would affect middle to lower-class individuals because the higher class will quickly withdraw their money, which is a large sum. So that will stop them from paying out anyone else with money stored in that specific bank. To which the bank would have to claim bankruptcy and release any loans or sell them to other Banks to acquire some of the difference. If this happens to all banks nationwide, the same will eventually happen. Everyone would go into a panic and starts withdrawing any money that they are holding in those Banks, which would cause a lot of individuals not to be able to receive the whole summer that they left in there, even though there are limits to how much money one can have in one bank account. Some individuals have multiple bank accounts and different banks, so there's still a great chance they would lose a large sum of money from these Banks.