Q&A #97

What’s the real story behind banks’ falling loan-to-deposit ratios? If money is just a number, why can’t banks just write-off bad loans? Are there consequences? Since the Euro$ system used to be good at money, why did it fail? Five Euro$ failure, what will an alternative have to do and get right? Is gold sniffing out a sovereign default in 2024? Since Japanese banks are heavily ‘short’ ‘dollars’, are there parallels to the ‘92 pound crisis in the yen’s fall? What did Eric say about recession? When is QnA100?

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Weekly Recap #61