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3min chapter
HOLY SH*T: Something Big Is Happening To European Banks
Eurodollar University
European Banks Adopt Defensive Strategies Amidst Euro Decline
This chapter explores the cautious approach of European banks prioritizing safety and liquidity amid rising consumer prices, contributing to the euro's depreciation against the dollar. Historical parallels are drawn, indicating that current economic conditions may lead to troubling outcomes similar to past financial turmoil.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode