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Banner Inflation, Banking Braves Out
Moody's Talks - Inside Economics
The Dangers of Soft Landing in the Real Economy
This whole notion of Federal Reserve in a tightening cycle, so banks are going to break. I don't think this is correct. Yes, there are going to be some banks breaking. They all did a broke, right, but that's because of their own mistakes. So the system as a whole, like if we again compare to 2008 is I think safe. If somehow going from 3.5 to 2 is going to involve very, very quick slowing down of the economy, so demand is kind of like crashing, then we are going to have a problem now," he said.
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