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There was only a bank run once people worked out they were insolvent. They wouldn’t have been able to survive unless interest rates went back down without much
by stephen_g 4y ago
There was only a bank run once people worked out they were insolvent. They wouldn’t have been able to survive unless interest rates went back down without much net deposit change in the meantime…
- deepsun 4y ago> They wouldn’t have been able to survive Or would. They lost only <2B so far, maybe they could earn it back, same way as banks make money. It's not like they were married to their bonds assets, they could do a lot of things with those.