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Once-in-a-generation (lemmy.ml)

submitted 3 weeks ago by cm0002@lemmy.world to c/funny@sh.itjust.works

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[–] ScrotusMaximus@lemm.ee 58 points 3 weeks ago

Don't forget - you were also BORN into a once in a generation economic crisis: The savings and loan crisis of the 1980s and 1990s was the failure of approximately a third of the savings and loan associations in the United States between 1986 and 1995. These thrifts were banks that historically specialized in fixed-rate mortgage lending.

https://en.m.wikipedia.org/wiki/Savings_and_loan_crisis