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by zaphod12
1141 days ago
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Where did you get these numbers? It's wrong and presents a misleading picture of a 10x implosion in 2008. There were never even close to 31k banks in the USA. It peaked at about 14k back in the '80s and has been going down ever since. It did drop precipitously after the 2008 crises, going from around 7K banks to today around 4500 banks, but this is a very far cry from 31k to 3k. https://banks.data.fdic.gov/explore/historical?displayFields... |
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