Please write about 400 words on the following topic!

profilepk0506

 Review the two articles about bank failures and bank diversification that are found below this. Economic history assures us that the health of the banking industry is directly related to the health of the economy. Moreover, recessions, when combined with banking crisis, will result in longer and deeper recessions versus recessions that do occur with a healthy banking industry.  

https://www.frbsf.org/economic-research/publications/economic-letter/2006/may/bank-diversification-economic-diversification/

    • 3 years ago
    • 4
    Answer(0)