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We were not treated by our own government as proper human beings and consequently, some outsiders did not regard us as the same kind of humans as themselves. ↗
And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling. ↗
