The times of bank runs may be back. Many people assume their money is safe in the bank, however, in UK, for example, the government guarantee only covers 35K (that has been since increased to 50K).

made: 2007-10-03

link: www.economist.com/node/9905617

keywords: ecfoc money guarantee run bank collapse lose safety rescue sea swim drown jump ship Titanic sink disaster waves psychology end death disaster life lifeboat