One more interesting article by Arthur Hayes

Nightclubs & national banking systems: a wild connection! The shared need for rules in these worlds. US banks divided into 2 tiers - 'too big to fail' giants with gov't backing & smaller players hustling in the free market. Are the underdogs, the smaller banks, vital for SMEs? Unveiling the Bank Term Funding Program's money-printing reality & the buzz around gold & #Bitcoin as collateral. #NightclubEconomics #BankingBlues