The 3 Most Telling Economic Charts in the World

With the wounds of the Great Recession still raw for every American, it’s all too easy to fall into the fear trap.

Specifically, fearing that our country is just one financial and/or political misstep away from falling back into a deep, dark period of economic contraction and despair.

Don’t believe the lies!

While the mainstream media tirelessly tries to paint a picture of economic fragility, we’ve come a long way.

Of course, such progress isn’t obvious if all we do is focus on the media headlines of the day.

However, it is obvious if we step back and get a little perspective on the situation.

Don’t believe me? You will once you get a load of these charts…

Bank on Fewer Failures

Driven by their insatiable greed, banks stood at the epicenter of the financial crisis. Hundreds of them went belly-up, including some of America’s most storied firms.

Despite considerable regulatory reforms, most Americans still distrust banks. Moreover, they believe the banking sector is so weak, it leaves the U.S. economy vulnerable to another crisis.

Not true.

As you can see, the number of bank failures continues to plummet, dropping by about 50% each year since 2010.

….see the other 2 Charts HERE