Marat Markert

@maratmarkert
21 Followers
31 Following
21 Posts
Twitter emigree, interested in critical macro finance, Central banking, economic history and sociology of money, monetary and financial systems. Works at Leiden University
Show threadMarat MarkertMay 3, 2023
We should entertain the idea that it might not be the same pattern as during the eurozone crisis, but this time the banking system in one of the “stronger” economies might come under stress.
Show threadMarat MarkertMay 3, 2023
…and vast majority of retail clients doing all their banking stuff via mobile banking?
Marat MarkertMay 3, 2023
Twin-Shock of r% risk and sudden deposit outflows thanks to mobile banking would ignite a bank-sovereign doom-loop and deposits fleeing weaker countries to stronger ones? Well, who are the € area economies w banks that have massive long dated mortgages at low r% on their books…
Marat MarkertNov 10, 2022
Quite a chart on FTX’s corporate structure (web of shell companies and SPVs). https://www.ft.com/content/c28e0570-d4c4-433c-b0a0-c99fba613822 What’s astounding: FTX was proposing earlier this year an infrastructure for trading crypto derivatives 24/7/365 with automatic liquidation. Nothing would halt the process, not even a bankruptcy procedure in which a client/trader might find itself in.
Yet FTX’s own structure ensures bankruptcy remoteness through obfuscation.
Untangling the knotty empire of Bankman-Fried and FTX

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Financial Times