Bank Carnage
The David McWilliams Podcast
00:00
Is There a Risk of Bankruptcy?
Last year was the worst year in 150 years because bonds lost value and equities lost value. In terms of it sort of spilling over into different markets, I think they will get a handle on this. They may have to accept slightly higher inflation than they would like. But effectively, they're going to have to socialize a lot of this stuff.
Transcript
Play full episode
