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Re: Tweetybird post# 62226

Monday, 03/20/2023 10:32:57 AM

Monday, March 20, 2023 10:32:57 AM

Post# of 63521
I dont think banks are in any way cooked. What the current narrative doesnt include is that every banks govt bond portfolio is traditionally hedged.This is a basic practice at all banks. Even a couple of the three banks who got smashed by the govt for the sin of being crypto friendly most likely had hedged portfolios. .So while the bonds are down in price the hedge is up in price making up for it. This is not the first time bonds have had bear markets and banks have survived this many times however it has not been a doomsday event until now sucspiciously called for by the guys who control the narrative today. If they can keep the lie alive and convince the public it should help bitcoin which may even be their intention.
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