Does anyone remember the Texas recession of 2017? That banking crisis was lit. What? There wasn’t one? I thought Fintwit called that one
-
Show this thread
-
2 replies 0 retweets 3 likesShow this thread
-
For the record, the Texas economy faced an 80% drop in crude oil prices … and not much happenedpic.twitter.com/uDOCVEpIS0
2 replies 4 retweets 21 likesShow this thread -
Replying to @PlanMaestro
Do you have an opinion as to why this did not happen? I'm in Texas now...it is booming.
1 reply 0 retweets 0 likes -
Replying to @Molson_Hart
If I had to guess: 1. Energy from 20%+ of GDP in 1981 to 10% today 2. Texas banking regulations after 1980s crisis 3. GFC washed out excesses 4. Banks grew capital after GFC 5. Texas Rainy Fund 6. Booming housing and relocations
2 replies 1 retweet 4 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.