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by datadr
1181 days ago
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The paper does a few things, including calculating bank assets marked-to-market losses, calculating bank insolvency, and simulating bank runs under a couple of scenarios. The conclusions are pretty concerning - the US banking system's market value of assets is $2 trillion lower than book value and under the simulated conditions (not totally sure how feasible) 186 banks fail. At least one of these is a >$1T bank. |
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