Bank Heist

Author:  Walter Stewart

dscf0072Why are there so few banks in Canada and so many in the United States?

Where is all the competition? Why do the big five rack up record profits year and year? Why do they buy so many government bonds? Why is our banking system often referred to as an oligopoly? What happens when few banks control most of the capital? What happens to ordinary citizens and small businesses as a result of this concentration of power?

 

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