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The Mechanics of a Bond Market and its Impact on the Banking Crisis

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[unable to retrieve full-text content]Why the Bank Crisis is Not Over The crashes of Silvergate, Silicon Valley Bank, Signature Bank and the related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the Continue Reading The post The Mechanics of a Bond Market and its Impact on the Banking Crisis first appeared on Michael Hudson.

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[unable to retrieve full-text content]

Why the Bank Crisis is Not Over The crashes of Silvergate, Silicon Valley Bank, Signature Bank and the related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the Continue Reading

The post The Mechanics of a Bond Market and its Impact on the Banking Crisis first appeared on Michael Hudson.

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