A Rapid-Finance World Must Ready for a Slow-Motion Banking Crisis

Though the Fed and FDIC have stopped contagion from SVB for now, smaller banks could face pressure for years to comeIn recent decades financial crises have

tended to be fast-moving and violent. They usually revolve around a handful of companies or countries, and often climax over a weekend, before Asian markets open.

greg_ip TOO BIG TO FAIL,TOO BIG TO JAIL AS USUAL

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