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by guilhas
1358 days ago
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The banks/markets are in failing mode since 2012, with constant bailing out, quantitative easing. In USA, UE, UK... Causing banks addiction, and inflation 2020 was record money printing, causing inflation, so Liz Truss set a plan to reform quantitative easing to try reduce inflation, and the markets reacted bad The age old question, are banks to big to fail? What will happen to saving, mortgages, pensions etc... if you start restricting bailouts? Maybe some will just take their money to EU where they still have a cushion, in the always win casino But no doubt reform is needed |
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https://en.m.wikipedia.org/wiki/Zombie_bank