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| Their will be a run on the banks and the banks will eventually fail and they will be forced to liquid all assets. All the loans will be called and all unpaid for property of customers will be foreclosed on. Lots of land will be on the market and the price will crash and it will be a chain reaction to other banks. The only people who survive are people who currently have a massive amount of equity. The result would be we end up with corporate farms.
My opinion is this will never happen in anyone's lifetime reading this today. | |
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land values if/when America economy defaults/crisis
