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Fed Hikes Rates Despite Banking Crisis Spreading

The Loonie Hour

CHAPTER

The Importance of Risk Management in Banking

Canadian banks are considered smarter or for some reason they're superior to every other banking system in the world. The moment banks start to lose deposits, it's game over,. And by losing deposit, it's a bank run. This means that deposits are shifting from one place, you know, to another. It does become a bit of a contagion. But it doesn't mean that the system is wrong.

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