Here's What We've Learned From All Of The Major Banking Crises Since 1970 [Charts]

Here's What We've Learned From All Of The Major Banking Crises Since 1970 [Charts]:
The IMF recently put out an update to their Systemic Banking Crises Database, a report that examines data from banking crises that have occurred between 1970 and today.
The paper takes a look at the frequency of banking crises over the last forty years.
It also examines how they relate to currency and sovereign debt crises and shows common policy responses to such events.

Banking crises happen in waves, and the 2008 crisis dwarfed previous others

The second half of the year is historically a bad time for financial stability since 1970

Double crises are relatively common whereas triple crises are not

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