Surveillance: Raising Rates with Citi's Clark
Bloomberg Surveillance
00:00
The Moral Hazard of Lehman Brothers
It's too early to know what the long-term consequences are of SBB, credit, Swiss, et cetera. Rather than letting unfettered capitalism, creative destruction play out, everything is systemic. So when it turns out that your Zoom call might not happen on Monday, because Zoom was a big depositor at SBB, that's systemic. In the long run, we're all dead.
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