Lesson #540

Banks like this one can suffer liquidity or solvency crises.

January 23, 2023

Banking crises of the past hold lessons for crypto today

How does a bank get in trouble? It's usually one of two problems: a liquidity crisis or a solvency crisis. Both are bad, but a solvency crisis is worse. Knowing this can help us understand the crypto crises of the present day. Plus, learn English expression "sour on."

Expression

Sour on

To 'sour on' something is to change your attitude about it from good to bad

Lingo

Alternate universe

An 'alternate universe' is a pretend world where the rules of our current universe don't apply

Video

A question of

State the most important thing in an uncertain situation with 'a question of'

Exercise

Exercises for Lesson 540

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