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Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)
The "What is Money?" Show
The Bank Runt on Collateral
Of all these modern euro dollar types of monetary format, and collateral is absolutely one of the most. The system couldn't meet that margin call because it was not, it was thras there was insufficient levels of additional collateral, insufficient levels of margin in the system. This is where accredit to falt fops and derivatives and everything comes into it,. That it was this monetary system that appeared to be robust and going to insane levels, was actually quite fragile once it started to doubt itself.
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