Sorry, how is this irresponsible? Leaders that imagine and vocally describe a plausible negative outcome seems quite sensible.
Seems the equivalent of screaming fire in a crowded theater, when there is an actual fire.
Seems the equivalent of screaming fire in a crowded theater, when there is an actual fire.
If you're looking at a bunch of companies you're invested in taking a 5, 10, whatever percent haircut on their deposits, it might be to your interest to take to the media and encourage everyone to panic, helping to create the very risk of contagion that you're talking about, to try to force the government's hand.