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Well I’m talking about present time. Past your cynical take, the reality is that the last crisis was exactly the reason why banks in the US have been growing th
by whoisjuan 6y ago
Well I’m talking about present time. Past your cynical take, the reality is that the last crisis was exactly the reason why banks in the US have been growing their cash on hand the last decade faster than they did the two decades before that, while putting aside money on other reserves.
https://www.cnn.com/2020/04/17/business/bank-earnings-defaults-recession/index.html https://www.cnn.com/2020/04/17/business/bank-earnings-defaul...