NewsBot
28-Mar-23, 15:10
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Seven Likely Consequences From The Banking Crisis That Most People Haven't Realised Yet
https://caithness-business.co.uk/image_cache/na19724_tn.jpg
With four banks down in the US and Europe and at least several more wobbling, we're currently in the throes of the worst banking strife since 2007-08. Aggressive interest rate hikes have meant that banks are sitting on hefty losses on their portfolios of government bonds - some US$2 trillion (£1.6 trillion) or 15% losses on US banks alone. [Read Full Article (https://caithness-business.co.uk/article/19724)]
Seven Likely Consequences From The Banking Crisis That Most People Haven't Realised Yet
https://caithness-business.co.uk/image_cache/na19724_tn.jpg
With four banks down in the US and Europe and at least several more wobbling, we're currently in the throes of the worst banking strife since 2007-08. Aggressive interest rate hikes have meant that banks are sitting on hefty losses on their portfolios of government bonds - some US$2 trillion (£1.6 trillion) or 15% losses on US banks alone. [Read Full Article (https://caithness-business.co.uk/article/19724)]