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A comment on Reasons the banking crisis isn’t a repeat of 2008. Parent comment

Re:Reasons the banking crisis isn’t a repeat of 2008 by karmakurtisaani on Saturday March 25, 2023 @05:37AM (#35301018)
That's a very good point. I don't have any data, but I feel like many industries have been consolidated into the hands of few companies since the crisis of 2008. Now they all can raise prices together using inflation as an excuse.

See the big oil and its record profits last year for an example.

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Re:Reasons the banking crisis isn’t a repeat of 2008 by Super_Jambo on Saturday March 25, 2023 @07:28AM (#35301600)
Much easier for that consolidation to come about when those doing it are near the exit chute from the money printer.
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