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BTC123: The Legacy Banking System in Shambles w/ Alf Peccatiello (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

NOTE

Institutions went for RE because fixed income was not yielding. Biggest problem

Blackstone and other investors are withdrawing money from commercial mortgagebacked securities, which could lead to a fire sale./nThe Fed can backstop if they want to, and is trying hard to do so.

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