survive

Can Fractional Reserve Banking Survive?

via Doug French: Caitlin Long tweeted over the July 4 weekend, “BIG NEWS for #fintech! A sixth US state—Idaho—is willing to charter uninsured, non-lending, 100% reserve banks that are eligible for Fed master accounts (the other states are CT, ME, NE, VT & WY). This trend could turn the ‘bank-as-a-service’ (#BaaS) model on its head!!!!!” As Long explained …

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15 Fast Food Chains Closing Stores This Summer… Fast-food Chains Are Taking Drastic Measures To Survive The Recession, Including Mass Store Shutdowns And Child Labor Violations.

Popeyes, Chick-fil-A, and other fast food chains are facing financial challenges due to lower sales, higher costs, and supply chain disruptions. Popeyes is closing locations and Chick-fil-A is closing its first-ever restaurant. With Americans eating out increasingly less to save on costs, some of the biggest fast-food chains in the US are taking desperate measures …

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