
The Great, Great Depression
The ACID Capitalist Podcast
00:00
The Silent Reflux of the Banks
Banks are facing unintended cash flow deficits, emanating from their clients. They're packaging these illiquid loans and trying to get treasuries so that they can get bridge financing. In the last few weeks, all the banks went, this is looking too risky. So look at oil, oils, halved in price, half from the top tip. Are people driving less? What's happening?
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