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A comment on How Deutsche Bank Made a $462M Loss Disappear. Parent comment

Re:How Deutsche Bank Made a $462M Loss Disappear by D-Coder on Friday January 20, 2017 @10:06PM (#13448525)
Been there done that bought the Great Depression.
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Re:How Deutsche Bank Made a $462M Loss Disappear by eru on Saturday January 21, 2017 @06:54PM (#13452786)
The US deposit insurance via FDIC was created close to the start of the Great Depression and did _not_ prevent the rest of it.

For something that did stabilize economies, see eg the Canadian free banking experience in the 19th century (https://www.alt-m.org/2015/08/08/thats-right-famously-sound-...), or the Scottish or Australian free banking eras.

What made the depression Great were eg FDR's high wage policies, and the American Feds tight money.

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