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Monthly Archives: December 2011
The Skewed Risk-Reward Ratio
To illustrate the problem of how skewed the risk-reward ratio of banks vs. consumers is you just have to look at today’s all time high in the yield gap between banks’ mortgage rates and the rates banks borrow from the … Continue reading
Posted in Economy
Tagged Asymmetric Risk, Banks, Central Banks, Interest Rate, mortgage rates, Stupid Authorities, Taleb
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