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Bloomberg/Sally Bakewell, Sridhar Natarajan, and Nabila Ahmed
“’Everyone knows you are playing with fire with leverage,’ said Michael Terwilliger, a portfolio manager at Resource Credit Income Fund. ‘Response to the last panic has built the new panic.’”
USAGOLD note: Reading through this article you get the sense that Bloomberg might be revealing what could be the tip of a very large and complicated iceberg.
Repost from 4-2-2020