Reposted by House Our Neighbors
North Dakota’s Bank Earned the State $231.8 Million Last Year. Here Is What the Same Bank Would Have Earned Yours.
"The profit a state bank would’ve earned in 2025: California $2.26 billion, Texas $1.78 billion, New York $1.04 billion"
cmarmitage.substack.com/p/north-dako...
cmarmitage.substack.com
North Dakota’s Bank Earned the State $231.8 Million Last Year. Here Is What the Same Bank Would Have Earned Yours.
One formula, 49 states, each figure built from the state’s own treasury records. The profit a state bank would’ve earned in 2025: California $2.26 billion, Texas $1.78 billion, New York $1.04 billion
