• TimeSquirrel
    link
    fedilink
    1
    edit-2
    11 months ago

    ATM fees in the US have been a thing since ATMs have been a thing. It’s not new and didn’t start in the great recession.

    And what do you mean by the government shutting down banks? Banks were killing themselves by doing dirty financial tricks and approving garbage loans and playing hot potato amongst each other with them.

    • @afraid_of_zombies@lemmy.world
      link
      fedilink
      111 months ago

      Stress tests. Go read up on it. About 1/3 of banks, almost all midtier, were shutdown by the US government after the crisis has passed. Leaving places like Goldman (which caused the problem to begin with) with less competition. There are less baking companies in the US now then in 2007.