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HurvajsRumcajs / Hurvajs Rumcajs
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2023-03-11 14:11:31

HurvajsRumcajs on Nostr: The duration risk is everywhere, not just in the US. So if the bank run continues, ...

The duration risk is everywhere, not just in the US. So if the bank run continues, there is some "wood" to burn all over the world.

Not saying it has to spread, but I heard about the duration problem from a friend in the (czech) insurance biz about 2 weeks ago. At that time it was not a biggie at all, easily contained. But the vulnerability is real.
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