Banks have almost $500 billion in unrealized losses on their books, which is less than before, but liquidity needs still can't be met by asset sales - it's a pile of kindling and almost anything could be the match that sets it ablaze...
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Banks have almost $500 billion in unrealized losses on their books, which is less than before, but liquidity needs still can't be met by asset sales - it's a pile of kindling and almost anything could be the match that sets it ablaze...
See Tweet