SLP469 Is the World Really Dedollarising? with Peter St Onge
Stephan Livera Podcast
00:00
The Politics of Bank Failure
Banks go down all the time. Usually it is a regular storm. What sort of shifted the ground on this was central banks at the stage with their, they had the fastest rate increases in 50 years. So that started things wobbling. Lend some money on a yacht and boom, the whole world collapses. That's really part of how the political game ends up being played sadly," he says.
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