Subscribe To
War rooms and bailouts: How banks and the Fed are preparing for a US default – and the chaos expected to follow
By John W. Diamond, Rice University Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a few of the ways the biggest banks and financial regulators are preparing for a potential default on U.S. debt. “You hope it doesn’t happen, but hope is not a strategy – so you prepare for […]...
Read More
Posted: May 17 2023, 13:59
Author Name: investmacro
Views: 101927