Is the Banking Crisis Really Over?
The Breakdown
00:00
The Bank Stuff People Worried About Turned Out Fine
Iglesias: People were worried that banks would see people withdrawing assets in an extra normal way. This led to the phenomenon of American banks having more than $600 billion of unrealized losses on their books, he says. Iglesias: The underlying contention that the bank stuff people were worried about seems to have turned out fine is worthy of some serious consideration and dissection.
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