31 U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates, using so-called synthetic risk transfers (www.acuitykp.com) posted 1 year ago by brain_dead 1 year ago by brain_dead +31 / -0 Manoeuvring risk with synthetic risk transfer in volatile markets Synthetic risk transfer (SRT) instruments, an innovative method of transferring credit risk 6 comments share 6 comments share save hide report block hide replies
Don't go to banks. It's the same as trusting your health to doctors.
I just wish there was a good alternative.
asset-backed crypto will be, eventually. It's not there yet. Gold and silver are ~reasonable~ (not perfect) ways to protect wealth not in a bank.
Agreed.
For most will the situation be they are tied to the banks with skin and hair. And indeed, it requires some planning to get out from under this weight.
Credit union. I also diversify with cash, crypto and PM