Bloomberg TV Guests React on UBS-Credit Suisse Deal

The video discusses the complexities of banking, focusing on nationalization, bond market dynamics, and the role of 80 ones in the capital structure. It highlights the impact of Fed tightening on financial conditions and examines liquidity pressures on midsize and regional banks, which could lead to a mini crisis. The video concludes with a discussion on the current crisis of confidence, contrasting it with the 2008 systemic collapse, and its potential to affect the economy.

How does the current crisis differ from the systemic collapse of 2008?

• It is a crisis of confidence

• It is more severe

• It involves more banks

• It is not a crisis

What are the potential consequences of the crisis of confidence mentioned?

• A bad economy

• Increased liquidity

• Systemic collapse

• Government intervention