Some international locations could additionally be war-torn or have governments missing any real identification infrastructure. Citizens of such international locations might not have entry to savings or brokerage accounts—and, due to this fact, no approach to safely store wealth. If the client’s bank collapses or the shopper lives in a rustic with an unstable authorities, the value of their currency may be at risk. In 2008, a quantity of failing banks have been bailed out—partially utilizing taxpayer cash.
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