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Dec
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Deposits at failed banks (including government aided Bank of America, Citigroup and Wachovia, but excluding JP Morgan and Wells Fargo) reached 16% of GDP in 2008-2009 recession vs 6% in 1933. Source: Roubini Global Economics - RGE Monitor — U.S. EconoMonitor

Deposits at failed banks (including government aided Bank of America, Citigroup and Wachovia, but excluding JP Morgan and Wells Fargo) reached 16% of GDP in 2008-2009 recession vs 6% in 1933.

Source: Roubini Global Economics - RGE Monitor — U.S. EconoMonitor

Tags: finance   banks  
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