42 sats \ 1 reply \ @160ed04091 25 Jun \ on: Unrealized losses at banks remain a smoldering problem econ
To me banks need to manage their risk proactively, maybe by diversifying their portfolios and adjusting their investment strategies
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0 sats \ 0 replies \ @TomK OP 25 Jun
the problem with these banks is that they have built up a frictional reserve system based on government bonds, and God knows these are no longer safe if governments continue to pursue such debt policies
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