The GFC and the Future of Banking

I hate to make an economist try and predict the future because we're notoriously terrible at it. Nobody can prove the future, least of all economists. So I think in general, what was very special about the GFC is that banks started this crisis with a very, very low capitalization for a number of reasons. And now, you know, we are in a very different situation. But if interest rates keep increasing a lot because we cannot train in inflation, that might be a different story. Given market expectations right now and what we see, I'm not too worried about that. Maybe one big worry and one thing which is very different from the starting point of the global financial crisis is