https://twitter.com/BossBlunts1/status/1...1088150528
Bank of America facing the devaluation and illiquidity of $100B in US bonds. In the previous charts I posted, their exposure was the highest among the big four banks.
On a separate note, worldwide adoption of quantitative easing will potentially collapse the German central bank, causing inflation and economic instability while a war rages nearby. France and now Belgium are dealing with rioting. Interesting times.
Bank of America facing the devaluation and illiquidity of $100B in US bonds. In the previous charts I posted, their exposure was the highest among the big four banks.
On a separate note, worldwide adoption of quantitative easing will potentially collapse the German central bank, causing inflation and economic instability while a war rages nearby. France and now Belgium are dealing with rioting. Interesting times.