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Podcast: Rethinking the Dollar
Episode: CBs Are Failing Along With Big Banks | The Mike & Mario Show
Description:
The US banking crisis is worsening, with many regional and smaller institutions requiring financial assistance due to estimated unrealized losses and high borrowing at the Federal Reserve's discount window and from FHL Banks. The failure of Silicon Valley Bank and the actions taken by central banks to boost dollar liquidity, as well as the collaboration of major central banks, suggest that the crisis may be more widespread and pose a risk to the international banking system.
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