2min chapter

The Loonie Hour cover image

Banking Crisis Puts Pressure on Central Banks

The Loonie Hour

CHAPTER

The Debt Crisis

In the UK, I think it's up to 50s, 87 or 85 pounds in the US, there's up to 250,000 US dollars. As far as like a regular banks, I mean, you know, famous last words, but depositors are insured. Another thing it's important to remember is that the assets weren't in and of themselves bad just because you let's say you own a 10 year bond yield and you're down some money.

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