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That's what banking crises are all about.
BANKING crises and property crashes often go hand in hand.
Splitting investment from retail banking will not abolish banking crises.
Banking crises and violent storms are often seen as unavoidable.
But banking crises vary: some threaten a systemic collapse whereas others are containable.
Until then, banking crises in poor countries were largely dismissed as little local difficulties.
There have been too many banking crises in recent years to put much faith in banks.
History suggests that systemic banking crises are usually resolved with large injections of public capital.
There is also a clear link between banking crises and severe economic downturns.
WHEN it comes to banking crises, "Latvia on the brink" doesn't really cut the mustard.
Before World War II, "banking crises were epidemic," Mr. Rogoff said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com