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That's a very misleading article. 'Took over the world' isn't exactly going from 42% to 52% of market share... Also quite funny is "Coming out of the crisis, U
by TheAlchemist 7y ago
That's a very misleading article. 'Took over the world' isn't exactly going from 42% to 52% of market share...
Also quite funny is "Coming out of the crisis, U.S. banks quickly raised capital and shed risk" and the chart below showing that it's actually the European that cut the assets they are holding to 50%, while the US banks actually increased theirs... Granted, asset != risk, but it's a pretty good proxy here.