Contagion is going to be bad - banks are gonna have to raise money NOW when it’s much scarcer than it was in the last 30 years. They will be paying double digit interest to debt facilities indefinitely.
Contagion is going to be bad - banks are gonna have to raise money NOW when it’s much scarcer than it was in the last 30 years. They will be paying double digit interest to debt facilities indefinitely.
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