Crypto is simply not big enough for the FTXcollapse to have a serious impact on the broader economy. gckaloudis writes for Crypto Long & Short.
to customers through, you guessed it, crypto lending through Genesis.But here’s something different between the 2006 credit contagion and the 2022 FTX-induced crypto credit contagion. The 2006 credit contagion led to a global financial crisis which was probably the most serious financial crisis since the Great Depression. Crypto is simply not big enough to have a serious impact on the broader economy.On Thursday, Nov. 10, the U.S.
Companies in general are still more concerned about supply-side recessionary pressures. The only companies talking about crypto are crypto companies . I’m not suggesting that the crypto credit contagion is not bad. In fact, it is bad. A lot of regular people have lost money. Even the
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