Systemic risk: Difference between revisions

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	{{a\|~~devil~~\|}}{{quote\|[[Safe asset]]s are much riskier than risky ones. This is I think the deep lesson of the [[global financial crisis\|2008 financial crisis]], and [[crypto]] loves re-learning the lessons of traditional finance. Systemic risks live in safe assets.		{{a\|crr\|}}{{quote\|[[Safe asset]]s are much riskier than risky ones. This is I think the deep lesson of the [[global financial crisis\|2008 financial crisis]], and [[crypto]] loves re-learning the lessons of traditional finance. Systemic risks live in safe assets.
	:— Matt Levine, 2022}}		:— Matt Levine, 2022}}