"Historically, rapid loan growth at US banks has preceded asset-quality deterioration... the negative effects of which may only become apparent years later and typically during economic downturns."
Chat, are we cooked?
ta9000•3mo ago
Probably, could explain why central banks and investors have been stocking up on gold and crypto even as interest rates decline.
actionfromafar•3mo ago
And why the White House is selling seats in the East Wing bunker?
3abiton•3mo ago
> Probably, could explain why central banks and investors have been stocking up on gold and crypto even as interest rates decline.
The main purchaser of gold in recent months has been countries like Turkey. I don't think the gold rush is informative.
super256•3mo ago
The main buyers of gold in recent months have been Asian Central banjs, as China is building its own Fort Knox. China alone bought 5t gold this quarter.
rapjr9•3mo ago
If this is being recognized as a systemic problem should not the government step in and regulate? Why do they have to wait until after a crash to do anything? Just a statement that there will be no bailout could moderate behavior.
sebast_bake•3mo ago
Chat, are we cooked?
ta9000•3mo ago
actionfromafar•3mo ago
3abiton•3mo ago
The main purchaser of gold in recent months has been countries like Turkey. I don't think the gold rush is informative.
super256•3mo ago
rapjr9•3mo ago