First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/06/06/is-there-a-financial-crisis-bubbling-under-the-surface-003240
<p><img src='https://www.moneymetals.com/uploads/content/Is-There-a-Financial-Crisis-Bubbling-Under-the-Surface.jpg'/></p>When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble under the surface.
<p><img src='https://www.moneymetals.com/uploads/content/Is-There-a-Financial-Crisis-Bubbling-Under-the-Surface.jpg'/></p>When the Federal Reserve started raising rates, it precipitated a financial crisis. The central bank managed to paper over the problem with a bailout program, but the crisis continues to bubble under the surface.