2min chapter

Animal Spirits Podcast cover image

The Worst Chart in Finance (EP.301)

Animal Spirits Podcast

CHAPTER

The Super Prime Banking Crisis

Banking's last crisis featured some prime borrowers, specifically people with troubled credit who were given mortgages by bankers. Banks that got into trouble were ones that churned out such loans or gorged on them in securitized form. The current emerging turmoil is so far featuring the opposite. Those with super prime credit scores are the ones running into the biggest problems.

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