/biz/ - Business & Finance

>>54023887
noone short term probably except for overleveraged banks in securities. They had 150 bil of equities on the balance sheet which are presumably going to be liquidated so there will be selling pressure. Other banks that did a similar thing would likely get the same treatment but the ripples in the broader economy could be serious. You never know until it happens.
One thing that is obvious is this is the first more major event to occur and very likely not the last of this overleveraged cluster cunt fuck of an economy. The only way to get back to normality is to pop the imaginary wealth bubble. Bring the pain.