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They still look pretty crazy to me! https://www.fdic.gov/bank/historical/bank/index.html https://www.fdic.gov/bank/historical/bank/index.html Total assets of b
by JBiserkov 3y ago
They still look pretty crazy to me! https://www.fdic.gov/bank/historical/bank/index.html https://www.fdic.gov/bank/historical/bank/index.html
Total assets of banks failed in 2008 + 2009 => 373 + 171 = 544 Billion
Total assets of banks failed in 2023 (so far, still 2/3 to go) 548 Billion
- littlestymaar 3y agoThe total bank assets doubled in the meantime (from 11-12TN to 23TN)[1] so proportionally it's half than 2008 + 2009, but that's still gigantic. [1] https://fred.stlouisfed.org/series/TLAACBW027SBOG https://fred.stlouisfed.org/series/TLAACBW027SBOG via https://nitter.lacontrevoie.fr/2Steady4U/status/1653374757541126148#m https://nitter.lacontrevoie.fr/2Steady4U/status/165337475754...