How the Coming Credit Crunch Could Harm the Economy and Real Estate Prices
How accelerating bank deposit withdrawals could harm the economy, including real estate prices. How dollars slosh around the financial system but always seem to end up at the Federal Reserve.
Topics covered include:
How many deposits have left banks since the Silicon Valley Bank collapse
How much have banks borrowed from the Federal Reserve to meet deposit withdrawals
Why exiting deposits are harming bank profits and causing them to make fewer loans
How the credit crunch could hurt commercial real estate values
How money market mutual funds differ from banks
How today's banking crisis is similar to the 1980s savings and loans crisis
