this post was submitted on 26 Feb 2024
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[โ€“] festus@lemmy.ca 13 points 7 months ago (6 children)

The 'reserves' are just money they put away for bad loans. All this means is that they'll have some quarters of lower profits, NOT that they're going bankrupt.

[โ€“] Tremble@sh.itjust.works 1 points 7 months ago

Lower profits means death

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