So … America had a big bank at the heart of a crucial high-vis sector, that had 97% runnable, uninsured

So … America had a big bank at the heart of a crucial high-vis sector, that had 97% runnable, uninsured deposits that by end 2021 built a giant one-way, unhedged bet on interest rates staying at 0 and NO-ONE sounded the alarm! Chartbook Newsletter #200
adamtooze.substack.com/p/chartbook-20… https://t.co/DXZTr0hUXk

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