Some of you may have heard some noise in the media over the past week about the small dip in ...
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The end of the world? It’s nothing new.
September 22, 2011
With each headline about debt downgrades, and Greek financial issues, doom and gloom is the theme. We're always told about how things are becoming. What they neglect to tell you is that for each banking crisis and struggle, there have been numerous ones just like it. Every banking system in every country has crises from time to time. It's just the nature of the beast. Here's a great article from the American that shows all of the different banking crises that occurred throughout the 20th century. You'll be surprised at how common an event it is. Certainly not the end of the world..
http://www.american.com/archive/2011/september/theres-usually-a-banking-crisis-somewhere


