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5 banking predictions that missed the mark

Banking predictions that fell short
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A visitor from the 1940s would be very disappointed with today's society. We don't have pill-based, full-course meals. No one is living on the moon. And no matter how hard you look, you can't find a flying car anywhere.

Predictions about the future have a way of being wrong, but sometimes they're so far off the mark that they border on being comedic. When it comes to banking, you don't always need to reach too far back to find prognostications that were a little too forward-thinking.

In many circumstances, exuberance about a new technology is the cause. Other times, people failed to anticipate market corrections and bubbles. And sometimes, they were just plain off base.

Bankrate has dug around and found five fun predictions about today's banking experience that never seemed to materialize.


 

 

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