It’s uncommon in the US for reasons. It’s a thing in Europe.
1970 Ireland isn’t exactly an example of a modern or booming economy.
But… what happened there should give pause when financial bros get weepy and pat themselves on the back about their sacred duty to provide liquidity at all costs. (And take a vig)
1970 Ireland isn’t exactly an example of a modern or booming economy.
But… what happened there should give pause when financial bros get weepy and pat themselves on the back about their sacred duty to provide liquidity at all costs. (And take a vig)