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Banking crises are largely accounting problems and can - mostly - be fixed from accounting. There will be winners and losers, and many people won't like the re
by onlyrealcuzzo 2y ago
Banking crises are largely accounting problems and can - mostly - be fixed from accounting.
There will be winners and losers, and many people won't like the result, but it's not going to end in a Great Depression.
Tariffs - on the other hand - can break your actual, real, non-financial economy - which cannot be fixed by accounting.