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My thought is that the banks won't be failing here. They are in much better shape than '08, have tighter policies, and perform stress tests.
by nodesocket 7y ago
My thought is that the banks won't be failing here. They are in much better shape than '08, have tighter policies, and perform stress tests.
- nathanaldensr 7y agoThat's a common refrain but just how true is it considering the shadow banking system? People said similar dismissive things in 2008, too.