I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
According to wikipedia texas ratio came to existence during 1980 recession when an economist noticed that banks that failed had a texas ratio of 100% and minimum capital..In New York the banks that are in the brink of failure are: USA Bank, Liberty Pointe, Community federa Savings bank and Emmigrant in long Island and Quees/Brooklyn and First Central Savings Bank in Texas are 4, in florida the list surpasses the 40 while in california are 19 the majority in los angeles, long beach and San Jose-San Francisco area...Dont forget that the list is not complete...read it ...explains a lot
According to wikipedia texas ratio came to existence during 1980 recession when an economist noticed that banks that failed had a texas ratio of 100% and minimum capital..In New York the banks that are in the brink of failure are: USA Bank, Liberty Pointe, Community federa Savings bank and Emmigrant in long Island and Quees/Brooklyn and First Central Savings Bank in Texas are 4, in florida the list surpasses the 40 while in california are 19 the majority in los angeles, long beach and San Jose-San Francisco area...Dont forget that the list is not complete...read it ...explains a lot
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