Fuses on every strip of a big console gets expensive so we used "flameproof" resistors, designed to fail open circuit without starting fires.I would use fuses in the +/- voltages. You could still have current flowing between the rails without gnd. And you'd change the impedance of the gnd path.
SSL used special 10R resistors on each pcb in the +/- voltages. These behave like a fuse, they open the circuit but don't burn. This practice makes sense to me for low current applications.
Michael
JR