
E120: Banking crisis and the great VC reset
All-In with Chamath, Jason, Sacks & Friedberg
00:00
The Fed's Rate Hike Will Cause Banks to Lose $2 trillion
There is a $2 trillion exposure for the American banking system due to the rate hikes by SACs./nThis exposure could lead to a loss for the top four banks./nThe Fed has not announced an end to the program.
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