The media is insane. Once something becomes a STORY, they see it everywhere. There’s no way the recession has been going on long enough for there to be a perceptible effect among immigrants. Especially considering how much worse it likely is in their homeland.
Now, about how the downturn affects the illegal aliens ~ they suffered severely from runs on several banks that then turned into FDIC rescue operations.
If you don't have legal status here your accounts are not insured.