Annie Storey
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gingerfire.bsky.social
Annie Storey
@gingerfire.bsky.social
Reposted by Annie Storey
Global transmission path:

HSBC to London banks to European financial system to US pre-market.

Watch for European bank credit default swap (!!!!) spreads when they begin trading.

If they jump significantly, signals global contagion rather than regional.
April 7, 2025 at 3:55 AM