Atechiman t1_iz2s7ax wrote
Reply to comment by Showerthawts in FX swap debt a $80 trillion 'blind spot' global regulator says by b1ackfyre
But these are all non-bank financial entities (mostly pension funds)
plopseven t1_iz40kaz wrote
Using obscene amounts of leverage with capital obtained at negative real interest rates relative to inflation by reckless central banks, yes.
There is no “non-bank financial entity” because finance is global.
Atechiman t1_iz4bzae wrote
I don't know article says non bank entity specifically referencing pension funds. I do know banks are regulated and there other financial institutions that don't have the same restrictions as banks.
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