Submitted by tomaskutac t3_126v9pi in dataisbeautiful
fertilecatfis t1_jeb6lb8 wrote
Reply to comment by tomaskutac in Bank Failures 2005 - 2023 - Should we be worried? [OC] by tomaskutac
From what I've seen theyre just telling different stories, but im not informed enough to know which ones to believe.
tomaskutac OP t1_jeb9r6p wrote
For me the story is quite simple, there were failure of few big banks with big value of assets and then in next years followed with failures of many smaller banks. I am not expert for this area, it could be that banks are closely connected or failure of big banks led to lower trust in banks generally and this led to money outflow which finally caused banks failures. No we see similar failure of big banks and my question is if it is probable that similar pattern will follow...
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