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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2024-10-27 15:51

๐Ÿ‡ฏ๐Ÿ‡ตโš ๏ธ Current risks: โ€ข Heavy reliance on debt โ€ข Large US Dollar & Securities exposure โ€ข Currency devaluation, leading to inflation These could trigger a 90s-style crisis 2.0 ๐Ÿ“‰

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๐Ÿšจ The system faced its biggest test during the 90s banking crisis: โ€ข 110 financial institutions resolved โ€ข Full deposit protection implemented โ€ข Massive debt-based interventions DICJ has met its insurance obligations, but at what cost? ๐Ÿค”

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