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Almost all of those are during The Great Recession or the aftermath of it, so I think it's not that crazy of a claim to make. Also means we may be about to sta
by cableshaft 4y ago
Almost all of those are during The Great Recession or the aftermath of it, so I think it's not that crazy of a claim to make.
Also means we may be about to start seeing a lot more of them again, assuming we're getting closer to the next big recession.
- dragonwriter 4y ago> Also means we may be about to start seeing a lot more of them again, assuming we're getting closer to the next big recession. That's a giant assumption.
- cableshaft 4y agoIt is. It's also a prediction that a lot of executives and CEO's and pundits and politicians and bank managers are marking right now. I'm not claiming it's definitely going to happen, but if it is about to happen, we can expect to see a lot more of these failures to start happening, based on that graph. I didn't realize there were that many bank failures during the Great Recession myself. I thought it was only a handful, just a few high profile ones.