MONEY THAT DICTATORS CANNOT STOP | RABBIT HOLE RECAP #308
Rabbit Hole Recap
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Bank Runs, Unrealized and Realized Losses in the Banking Sector
The chapter covers various topics from a humorous take on naming podcast episodes to serious discussions on problem banks in the US, including the significant losses seen in the banking sector like Deutsche Bank's $350 million loss on a Manhattan building. It also delves into the complexities of converting commercial spaces to residential ones and hints at potential liquidity issues in the banking sector with a witty mention of Bitcoin as a backup.
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