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that I could say something about liquidity risk requirements but I will don't have the time to do that I want to argue that uh uh the issue of
procyclicality as is at the core of uh the problem you may think that procyclicality is a boring macro side effect but I think that procyclicality
is very important and in particular the way in which it has or it has not been addressed by supervisors I want to talk about what's happened with risk weighted
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