Wrong Answer to the Right Question (guests: Russell Clark, Cem Karsan)
The Market Huddle
00:00
The Importance of Confidence in the Market
The leverage in the system is so great that these things can feed on themselves. Not only that, the banks in terms of their actual loan books have never been better. But it's amazing that the thing that everyone was encouraging the banks to buy and thought, oh, you know what? This is the safest asset.
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Transcript
