.@pmarca Here is the more interesting question: if we get a 30%+ drop, what will the Fed pull out of the toolbox?
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Replying to @DanielleFong
@DanielleFong@sama@pmarca Banks are business. No ?3 replies 0 retweets 0 likes
Replying to @dharmeshkakadia
@dharmeshkakadia @sama @pmarca of course they're a business. But at the moment they have an extremely privileged position when borrowing
10:47 AM - 24 Aug 2015
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