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Depression Era Bank Failures

added by cassie-1-2-3

Source: http://www.richmondfed.org

A chart depicting Depression Era (Rosalie era) bank failures.

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bank failures

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Rosalie Hale

marthatsal and sarabeara like this

cassie-1-2-3 http://www.richmondfed.org/publications/research/economic_quarterly/2005/winter/pdf/walter.pdf "As you can see from the chart, only about 9,000 banks were lost between the start of the depression and the start of WWII in 1939, which is generally considered the end of the depression. In other words a lot of banks stayed afloat and actually did just fine during the depression. Not everyone during the depression was standing in bread lines singing Brother Can You Spare a Dime. In fact, many people were unaffected by the depression and many wealthy families, especially, were unaffected. Hollywood actually flourished during the depression." Full response here: http://twi-hate-can-suck-it.tumblr.com/post/27170587235/the-one-thing-that-really-bothers-me-is-that-stephenie#notes

joe655 This is definitely such a scary stat here. This is definitely a lot of banks that have failed in the past. We have to be able to bring this stat down. Calgary movers

cassie-1-2-3 By moving boxes? Right.