3 ms·
Issue arises if: (1) People panic and force a drawdown ->> need to sell those securities (2) US Govt doesn't repay its debt likely the result of the right wing
by boringg 3y ago
Issue arises if:
(1) People panic and force a drawdown ->> need to sell those securities
(2) US Govt doesn't repay its debt likely the result of the right wing intransigence fighting over debt ceiling authorization.
- deleted 3y ago[deleted]
- SilasX 3y agoIt’s not a “panic” when customers move their money to other banks that can actually afford to pay market rates of interest. Rather, it’s prudent financial management.