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    @Quesoche

    You're not alone in your views. Satyajit Das posted part 1 of a 2-part analysis of the current situation facing banking here:
    https://www.nakedcapitalism.com/2023/03/crash-landing-part-1-bonfire-of-the-banks.html

    His view is that the current circumstances are very unlike those behind past financial breakdowns, including the GFC. And because of that the situation is far more dangerous than earlier crises because:
    1. Stakeholders are more likely to be complacent because many of the expected signals are absent, and many of the present signals are not recognised, and
    2. Stakeholders are likely to react inappropriately and incorrectly when trying to mitigate risks or ameliorate consequences.

    Happy reading...

 
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