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tyres

How 37 Banks Became 4 In Just 2 Decades

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How 37 Banks Became 4 In Just 2 Decades, All In One Astonishing Chart

If you were wondering how banks got “too big to fail,” here’s a good place to start. This chart shows us how, over the last couple of decades, 37 banks have became just 4 mega-banks. These same 4 mega-banks have, thus far, been immune to the consequences of any and all of their terrible decisions that places the entire world economy in jeopardy.

bank-chart.jpg?723c96

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What's interesting is that this has occurred during a period of deregulation.

It's never as simple as "less interference = better".

In this instance less interference = monopolies and cartels.

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Erm... They gave free money to the "big four", that's why they own the world.

If they didn't interfere there would probably be 100 new banks, but they did...

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Erm... They gave free money to the "big four", that's why they own the world.

If they didn't interfere there would probably be 100 new banks, but they did...

They were down to 4 way before the financial crisis.

This is a pretty standard capitalist model these days.

Don't about 4 or 5 super companies own almost every brand in the supermarket these days?

Edited by byron78

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