Moneycontrol PRO
HomeNewsOpinionWhy is the US financial system so fragile? 

Why is the US financial system so fragile? 

The US Federal Deposit Insurance Corporation (FDIC) reports some 565 bank failures since 2001 with total assets of over $319 billion.  Furthermore, although accounts are fully insured up to $250,000, recovery on uninsured deposits has rarely been 100 percent

March 21, 2023 / 08:32 IST
The sheer size of the US economy and some of its financial institutions and the US dollar at the centre of global trade and capital flows makes US banks particularly fragile.
Unlock This Article

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

Unlock exclusive discounts