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Economic Vulnerability

All articles tagged with #economic vulnerability

economy6 months ago•12 min saved

Washington and Idaho Among Top 10 Strongest State Economies in the U.S.

A CNBC analysis ranks Alaska, Mississippi, Kansas, New Mexico, Louisiana, Rhode Island, Illinois, North Dakota, West Virginia, and Oregon as the ten most vulnerable U.S. states to economic downturns, primarily due to heavy reliance on federal funds, international trade exposure, and specific industry dependencies, with Alaska and Mississippi at the highest risk due to their dependence on oil and federal spending respectively.

via CNBC|

#economic-vulnerability #economy #federal-dependence

finance2 years ago•7 min saved

The Risks of Deregulating Banks: Lessons from Silicon Valley Bank's Failure.

New research by economists at Stanford University, the University of Southern California, Columbia University, and Northwestern University shows that a run on deposits at banks like Silicon Valley Bank and Signature Bank could have set off a cascading series of bank failures, crippling small businesses and economic activity across wide parts of the country. The analysis of geographic risks from a banking crisis suggests that nearly half the counties in Missouri, Tennessee, and Mississippi, and every county in Vermont, Maine, and Hawaii, could be affected by a credit paralysis that could afflict entire communities. The researchers urge the government to help address these vulnerabilities by requiring banks to raise more capital to shore up their balance sheets.

via The New York Times|

#bank-failure #banking #biden-administration