FlyerTalk Forums - View Single Post - COVID-19: Lounge thread for thoughts, concerns and questions

Mar 17, 2020, 10:30 am

#731

stimpy

FlyerTalk Evangelist

Join Date: Feb 1999

Location: Seat 1A, Juice pretty much everywhere, Mucci des Coins Exotiques

Posts: 34,339

Quote:

Originally Posted by Boggie Dog

Banks have reserves set aside to manage loan losses

Actually they don't. Not nearly enough. Here is one example... https://www.wsj.com/articles/europea...on-11584382483