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The Daily Hodl 2023-06-04 14:30:25

US Banking System Will Lose Massive Chunks of Wealth From American Businesses Seeking Yield: Arthur Hayes

BitMEX founder Arthur Hayes says that US banks are about to take another hit, this time from businesses looking to outperform low interest rates. Writing in a new essay, Hayes says that the recent “exodus” out of the US banking system will likely get worse. According to statistics compiled by the Federal Reserve Economic Data The post US Banking System Will Lose Massive Chunks of Wealth From American Businesses Seeking Yield: Arthur Hayes appeared first on The Daily Hodl .

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