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I only ask because if banks stay on the path they've been on for the past 7 years (or longer if you want to count the ongoing trend since 1988), there's only going to be one bank left in about 22 more years.
Mind blowing? Perhaps Bernie Sanders just needed a chart. Nah, Ross Perot already tried charts. Didn't work. Sigh.
Source Data:
St. Louis Fed: Banks
4 comments:
The triumph of Glass-Steagal repeal and the Dodd-Frank Community Bank Destruction Act of 2010.
The Fellowship of the Bank
One bank to rule them all, one bank to find them, one bank to bring them all and in the darkness bind them.
You're either too big to fail or too small to succeed.
That can't be true!
For example, picture the rural mom-and-pop grocery store continuing to thrive once Walmart moves in.
January 25, 2016
The New Way That Walmart Is Ruining America’s Small Towns
Okay, that may be one of the worst examples in a sea of bad examples. Never mind!
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