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Sunday, 10/09/2022 11:19:13 AM

Sunday, October 09, 2022 11:19:13 AM

Post# of 140165
"For a decade you were able to paper over poor businesses because of favourable liquidity and financing. All that is about to change."--Financial Horse

Let's see how far the falling knife makes it in the doom loop for banks...might be a self-fulfilling prophecy in the making here. I wonder how much more corruption and questionable actions will be exposed when the dominoes start falling and the house of cards comes crashing down...? Maybe even CET1 Ratios in the teens won't be able to stop the loop anymore. Might be time for lenders to recall those shares and ensure they weather the coming storm better. Hmmm?
"As interest rates continue their march up, as liquidity gets tighter, we will start to see more and more “Credit Suisse” start to emerge from the woodwork." Let's (finally) see whose been swimming naked, shall we?

Ref:Credit Suisse “Default” Explained

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