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42 sats \ 1 reply \ @160ed04091 25 Jun 2024 \ on: Unrealized losses at banks remain a smoldering problem econ
To me banks need to manage their risk proactively, maybe by diversifying their portfolios
and adjusting their investment strategies
the problem with these banks is that they have built up a frictional reserve system based on government bonds, and God knows these are no longer safe if governments continue to pursue such debt policies
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