pull down to refresh

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
write
preview
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
reply