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Eps 0318 - Bank Stresses are Building Again and Failures are Sure to Follow
Published 2 years, 5 months ago
Description
"This time is different" is something you will hear from people if you try to warn them about economic collapse brought on by some crisis. It's always a function of monetary mischief; expanding credit too rapidly and by too much. This intervention leads to over-investment and malinvestment, which has to be corrected eventually. Here's the problem, The Fed never sees it coming, the talking heads on TV never see it coming, and it ensnares a lot of people and has ruinous effects on their lives. Join me today as we dig deeper into a new crisis looming in the banking system; interest rate risk on bank balance sheets.
Clips from Show
https://www.youtube.com/watch?v=kdyUaas4I6A