Tuesday, June 26, 2012

OUR BANKING CRISES IS REAL (AND NOT AN ACCIDENT)

Have you ever wanted evidence of what's happened to our financial system since we started bailing out the private sector (beginning with Lockheed in 1971) and then began deregulating our financial sector?  This chart from the International Monetery Fund (IMF) Working Paper titled “Systemic Banking Crises Database” is a good place to start connecting some dots ...


You can read the report here, and draw your own conclusions.

- Mark


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