Reasons the banking crisis isn’t a repeat of 2008

Re:Reasons the banking crisis isn’t a repeat of 2008 by TheOtherHobbes on Saturday March 25, 2023 @06:30AM (#35301280)

Is this why the US financial system blows up so regularly?

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Re:Reasons the banking crisis isn’t a repeat of 2008 by ptero on Saturday March 25, 2023 @08:00AM (#35301792)

That may be. But whatever those blowups are they tend to be a lot less damaging than at other places.

I lived through two growing up, and both times almost everyone lost almost all money. I will take the risk on my US bank account over those any time. My 2c.

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Re:Reasons the banking crisis isn’t a repeat of 2008 by CamperBob2 on Saturday March 25, 2023 @08:29AM (#35301997)

And why it recovers so quickly.

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Re:Reasons the banking crisis isn’t a repeat of 2008 by refurb on Saturday March 25, 2023 @10:40AM (#35303079)

Asian financial crisis? Euro crisis? It’s not unique to the US.

It just makes headlines.

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