Normal
I think there will be central bank intervention, that was my point.The 'bank runners' public arent small fry. The sub prime/Lehman/GFC1 was bought about by individual people not paying their loans, that was the catalyst, lots of small fry. Regardless of how much liquidity central banks provide, individual deposits are vital to banks, as is trust. Sovereign debts, Greece in particular, are obviously vital but given the time to prepare, they may less of an isssue
I think there will be central bank intervention, that was my point.
The 'bank runners' public arent small fry. The sub prime/Lehman/GFC1 was bought about by individual people not paying their loans, that was the catalyst, lots of small fry. Regardless of how much liquidity central banks provide, individual deposits are vital to banks, as is trust. Sovereign debts, Greece in particular, are obviously vital but given the time to prepare, they may less of an isssue
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