Eurodollar University European Banks Are NOT Lending Anymore (Here's What That Means For The Global Economy)
Dec 2, 2024
Steve Van Metre, a finance and economics expert, shares insights on European banks clinging to government bonds while refusing to lend to the real economy. He discusses the global trend of defensive lending, spurred by safety concerns amid economic instability. Van Metre highlights rising rejection rates for real estate loans, reflecting banks' cautious strategies despite optimistic market forecasts. The conversation also delves into the interconnected challenges facing banks across major economies and the potential implications for consumer sentiment and recovery.
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