Re:Bank Failures Visualized
by littlestymaar on Wednesday May 03, 2023 @04:14AM
(#35799491)
The 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 via https://nitter.lacontrevoie.fr/2Steady4U/status/165337475754...
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