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The end of the 'everything bubble' has finally hit the banking system. Credit Suisse and SVB might be just the first of many shocks.

Por: MarketWatch Business March 20, 2023

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The immediate cause is the rapid increase in official interest rates in the U.S. and other major global economies. The true cause is the unwinding of an economic and financial structure built upon an artificially low cost of money, which gave rise to the “everything bubble” and its leveraged speculation. “ Higher rates and losses on securities have significantly weakened the global banking system.  ” The banking system’s problems may... + full article



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