
sr20230601_Money
Divine Intelligence, etc
00:00
The Killer Whale Deposits
The leaders of SPAC sold 22 billion dollars of shares during the poem. So, you know, and that translates into huge whale deposits. And no one's really talking about this when they cover the crisis. They're all like, Oh, well, the banks are really dumb and they manage it stupid. That's a problem on the asset side. It means their assets are worth less. Right. You have a liquidity problem, which is far more serious.
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