pull down to refresh
21 sats \ 3 replies \ @Undisciplined 20h \ on: US set to cut capital requirements for banks econ
I’m getting lots of late stage bubble vibes lately
I believe that economic policy for the institution who hold the Public Money should be the strictest to avoid any crisis. But I see US doesn't like to be stricter and this becomes the case for crisis almost everytime.
reply
I think the bigger problem is the expectation of being bailed out. The moral hazard in US banking is insane.
reply
Yep. There are provisions for banks ba out here as well but the provisions are so strict, there is little chance of a bank falling..
reply