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Banking Trouble

All Things Policy

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The Problem With Short-Term Marriages

The collapse of UBS is a direct result of the US Federal Reserve keeping interest rates at 1%. People withdraw money from riskier bets and put it in safer things when interest rates rise. That's what happened with crypto, that's what will happen with real estate. So if there are certain banks which are overexposed to some of these, like, you know, your signature bank and crypto, you will face the consequences.

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