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Ram Ahluwalia Predicts MORE Bank Failures
Bankless
The Tempest and the Teapot
In 2008, the banking system legitimately was on the rocks. This is a very, it's not a 2008 because the big systematically important banks are not at risk. The bank run contagion is now going after the next weakest banks, which are the commercial real estate risk. But beyond that, walls of the teapot are still contained around the Tempest.
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