Hypothetical Question, idk the answer

[Anonymous No.19477976]

What would happen if all 1.7B without a bank account suddenly received one and then began to 'really participate' in the global financial system?

[Anonymous No.19478014]

>>19477976
India will thrive

[Anonymous No.19478070]

Those people are too poor to have needs of banking services.
A better question would be what would happen if the USA once again allowed immigration without welfare and those 1.7B sold a kidney to compete with burgers in their own home turff with a massive sweatshop complex built in american deserts to absorb the workforce.

[Bengali Apostate No.19478924]

>>19477976
Banks only exist for filthy rich people. They create money out of nothing and Loan it out with interest.

For middle-class and working-class, they make massive profits buy charging bullshit fees.

Poor people who don't use Banks think they can save money by cheating the banking system. When in reality, they still have to cash checks and use money orders to pay most of their bills which ends up costing them even more money and the banks pocket the profits.

[Anonymous No.19479081]

>>19477976
the banks would make a killing on their shitty fees