Thinking about (manufactured) bank runs
Daily Thoughts 27 Feb 2025
I want to discuss a bit on what risks lie ahead for the U.S. banking sector. I warned on the fragility of U.S. banks in February 2023 and again this Christmas. We have also issued several warnings, and we continue to develop a service monitoring the safety of U.S. banks.
What people generally fail to understand is that bank runs can be manufactured.
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