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![Credit Suisse AT1 Bond Collapse Puts Banks at Risk. Interview with Clive Thompson.](https://1a-1791.com/video/s8/1/m/8/O/O/m8OOi.qR4e-small-Credit-Suisse-AT1-Bond-Coll.jpg)
Credit Suisse AT1 Bond Collapse Puts Banks at Risk. Interview with Clive Thompson.
#money #bank #inflation #creditsuisse #investing #market
I spoke with Clive Thompson, a retired private banker from Geneva, Switzerland, about Credit Suisse and the write-down of its AT1 bonds and the consequence of that event.
We also looked at how inflation is eating into people's savings and how much of a losing proposition it is to leave money in the bank, invest in money market funds or even buy government bonds.
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