- Joined
- Nov 8, 2018
(Moved from other thread)I posted this in the wrong thread and deleted it. Pretty sure you saw it already, but when the oil glut and subsequent bust happened in 1981, our economy started plummeting. The next year, starting with Penn Square Bank, the banks started to default. We lost over 100 banks in the state, including 7 out of the 10 biggest. The bank failures actually had a domino effect nationally. Anyway, no jobs, no money, plenty of crime.
Damn thats really fucking shitty. Didnt realize it was that bad down there.