2min chapter

Odd Lots cover image

Zoltan Pozsar and Perry Mehrling On The Historic Crisis Of Financial Market Plumbing

Odd Lots

CHAPTER

Trade Finance - Can You Talk to Bank Treasurers in Hong Kong or China?

Zoltan and Perry: The past couple of weeks has been a bad fool. When all this fall outs from the outbreak started to happen, you know, they would say, well, we actually see a big drop off in demand. So if you talk to Japanese banks who are very big in trade finance, shipping finance, and commodities finance, that's a clear dollar payment for corporations. They would say that,. well, we see a lot of corporate customers bleed a lot of cash.

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