I'm thinking that BOTH are victims of financial contagion and not separate events. In the recent past, it's been the big banks and NOT the regional or small banks that have had issues with solvency. The fractional reserve banking system almost always guarantees this to be a a top-down systemic issue, not the reverse.
I'm thinking that BOTH are victims of financial contagion and not separate events. In the recent past, it's been the big banks and NOT the regional or small banks that have had issues with solvency. The fractional reserve banking system almost always guarantees this to be a a top-down systemic issue, not the reverse.