April 16, 2009

Scary economic graph of the day

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2 comments:

  1. ChrisApril 16, 2009 9:29 AM

    Yeah, Jeremiah Wright was way more relevant to this election than Charles Keating!

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  2. AnonymousApril 16, 2009 1:47 PM

    Hrmm, I have a couple issues with this graph: a) There are likely more banks around to fail during the 1980s/90s spike than the 1930s/40s spike; b) Given all the banks that failed after the 1980s/90s spike, there were probably fewer banks left to fail afterward. This might be better if it were percentage-based rather than a tally.

    I mean, obviously the gist of the impact is clear, but it's hard to get a real picture of how many banks failed per total banks that existed at any given time.

    Still, chilling.

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