In this recent economy we have witnessed some hardships financially and many other aspects now coming to say there is no money in the bank how possible is that can you imagine saying the river has no water? We are in the new year now huge sum of money have been signed by the government for projects but in a very short time they suddenly come out to say the country is running out of funds the country needs to borrow money from other countries the money signed in your own country where are they what is the duty of the bank in your country imagine a bank giving you the maximum amount you as a the account owner can withdraw from your own account sometimes I just feel like the bank isn't a safe place any more.
I think the position of country that has no money in the bank at all is very difficult thing to accept and could be potential for the country to go bankrupt, all governments around the world have good concept in terms of financial transactions and the deficit they have in the bank, even in the past few years then in my country there was an issue of people wanting to withdraw all their money from the bank and this made the country very panicked before succeeding in convincing the public of the negative impacts that would occur in the future.
If banks do not have a cash deficit at all, there is the potential for the country to be destroyed and the impact that will occur will certainly be for society itself. Don't be fooled by the negative issue of withdrawing all the funds we have stored in the bank.