Why The First Republic Failure Is Different
Slate Money
00:00
The Consequences of Bank Share Prices
High interest rates have weakened the profitability of the banking sector as a whole. As we have seen, are increasingly unable to rely on depositors to be lazy and just keep their money in 0%. The other thing which Elizabeth touched on is people really care about share prices these days. This is like a post-pandemic phenomenon,. We saw it in the meme store, winter of 2021.
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