The Banking Crisis (Or Opportunity) With Michael Belkin
Lead-Lag Live
00:00
The Effects of the European Banks on the Derivatives Market
The European central bank raised interest rates by 50 basis points today. The only one out there that seems like, you know, if it goes from credit suites into somebody else over there, then it could potentially be a European thing. So this is really the turning on a dime in the financial sector. And will it feed on itself? Yeah. But I think it's something as big as laymen in the US. No, not yet. I don't see it. It just shows you how out of touch central bankers are. They got behind the curve. How do we get in this mess in the first place? All these mask mandates and expanding defense balance sheet, shutting everything down.
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