Interest Rate cuts and economic judgement day?
I've been reading a lot in the news about how the Fed's dove policies are really going to fuck up our economy. Is there any kind of concern at the IB's? I'm working at the Fed right now and it seems pretty similar to the Great Recession ten years back, the only difference is instead of subprime loans, the industry's giving out a lot of leveraged loans. What do you guys think? Are we totally fucked? Or is this business boom gunna be endless? Should I move to Canada?
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