Michael Burry pointed to the Fed's plan to start purchasing short-term Treasurys as a sign of weakness in the banking system.
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Why Michael Burry sees weakness in the US banking system
Michael Burry, the investor known for predicting the 2008 housing crash, believes that the U.S. banking system is showing serious signs of ...
We need the Federal Reserve because before we had it, the private banking system had panics all the time. Goodness gracious to we hear this justification for the Fed without surcease. We go over this ...
Stablecoins could flatten the world of finance and allow banks to offer clients a vastly improved money transfer service that is both quicker and cheaper. But risks remain. The launch of a space ...
US banking groups have urged Congress to close a so-called loophole letting stablecoin issuers offer yields through affiliate firms, fearing it undermines the banking system. Several US banking groups ...
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