Raghuram Rajan: Why The Banking Crisis Isn’t Over
Capitalisn't
The Fed's Fear of a Major Collapse
I don't think the banking system is about to collapse, but I think if it doesn't, it'll be because we got lucky. There's still too much of a sense that people the Fed won't let it collapse. And thus far, despite the cracks and confidence, it hasn't cracked in a big way. Luigi: We're going to have problems along the way; one might be a recession soon.
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