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How safe are our banks?

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  • How safe are our banks?

    Way back in the 1980's and into the 1990's, in the U.S. many banks collapse, it started in Boston, Massachusetts. In Canada and the U.K. are banks were quite healthy. Due to government regualations. President Obama complimented Canada on its banking system. Here in Canada and the U.K. banks in general are sound. Lets face it, we can't live with them, nor can we live without them. Of course, if you do not trust the banks, hide your money under your matresses. Years ago people did that, making thieves quite happy.