top of page

Financial panics USA

The United States has experienced more financial panics in the last two hundred years than almost every other country in the world. . . . About 20,000 banks have failed in the United States in the last two hundred years.


From the introduction to 200 Years of American Financial Panics: Crashes, Recessions, Depressions and the technology that will change it all. Written by Thomas P. Vartanian who was general counsel FOR the Federal Savings and Loan Insurance Corporation (FSLIC) during the Savings and Loan Crisis in the 80's.

1 view0 comments

Recent Posts

See All

AIER indicators fall to 29

Economy showing weakness. AIER's Leading Indicators Index fell thirteen points to a reading of 29, the lowest level since August 2020. The latest reading is well below the neutral 50 threshold and is

70% of economists say recession in 2023.

A new poll by the Financial Times and the University of Chicago’s Booth School of Business shows 49 economists (70%) of those polled thought we would have a recession next year. According to research

bottom of page