April 25, 2024

What is the harm caused by high interest rates?

Reading time: 8 minutes

04/06/2023 08:37 Updated: 04/06/2023 08:37

DWN financial expert Michael Beringer describes the structural causes behind the banking crisis in the US – and why it is not over yet.

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Part Two of the US Banking Crisis: How Harmful Are High Interest Rates?

The banking crisis does not seem to be over yet. (photo: istockphoto.com/SARINYAPINNGAM)

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