Contagion and Fear Hit Credit Suisse, What’s Next?
Real Vision: Finance & Investing
00:00
Do You Have a Liquidity Run?
I think that's the worry, isn't it? And so, and you both touched on this. When it goes out of the realm of like once the ball set in motion, so much of this becomes confidence in psychology. But to some extent, we have to understand this is how monetary policy works. Right. You drain liquidity out of the banking system. So that you tighten bank lending and you screw the economy. That's how it works. The question is, does it get a little overdone and we get these sorts of things with some of these banks that were, you know, credit Swiss who was going to go down anyway because they can't manage their ass from their bloody
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