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by antibasilisk 1188 days ago
>Very few, if any, banks can handle a $40 billion transfer off their balance sheet unexpectedly

The conclusion from this isn't that it was solvent and suddenly became insolvent. The conclusion is that almost every bank is insolvent.

1 comments

> The conclusion is that almost every bank is insolvent.

In as far as “the sky is blue”, except when it’s cloudy, or night time, or the sun goes supernova.