ANZ 3.03% $28.21 anz group holdings limited

it's actually very simple, a bank model (borrow short term...

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    it's actually very simple, a bank model (borrow short term liquid, lend long term illiquid) only works in stable environments. only reason they survive in turbulent times is they are saved by central banks and governments. no bank has enough capital to survive if there is no intervention from central banks and government in a turbulent time like now.

    it's not more complex than that
 
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