Fundamental: Ameridollars

All bank failures can be quickly papered over, except those that involve foreign currency. The authorities are well equipped to deal with domestic currency bank failures, where even the failure of a GSIB can be resolved and forgotten in a week. But the authorities cannot print foreign currency, and there are several trillion in uninsured dollar deposits ...     Alert Mar 27, 2023, 11:48pm Fundamental: Ameridollars All bank failures can be quickly papered over, except those that involve foreign currency. The authorities are well equipped to deal with domestic currency bank failures, where even the failure of a GSIB can be resolved and forgotten in a week. But the authorities cannot print foreign currency, and there are several trillion in uninsured dollar deposits ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support