Bankfree world! (BRAINSTORM)

what would it be like if there weren’t any banks in the world?
how would it effect the average person, the rich, governments, MNCs?

we wont get any loans, we wont have any place to put our things for safe keeping…

this is a sort of a brainstorming session…

write in anything that comes up in your mind…
the more the better…

ill send it the compiled report in the next 14 hours after the submission of this topic…

so bring it on!