Episode Details
Back to EpisodesDanielle DiMartino Booth: Economic Downturn Worse Than '08 Global Financial Crisis? Bank Failures, Consolidations and Fed Pivot
Description
Danielle DiMartino Booth's Banking Crisis Opus: Too Small to Not Fail
Danielle DiMartino Booth is CEO and Chief Strategist for Quill Intelligence LLC, an independent research firm. She spent nine years at the Federal Reserve Bank of Dallas where she served as Advisor to President Richard W. Fisher throughout the financial crisis until his retirement in March 2015. DiMartino Booth's work at the Fed focused on financial stability and the efficacy of unconventional monetary policy. She earned her BBA as a College of Business Scholar at the University of Texas at San Antonio. She holds an MBA in Finance and International Business from the University of Texas at Austin and an MS in Journalism from Columbia University.
In this episode we discuss:
-How does U.S. banking system work?
-Banking crisis and the Fed stepping in with BTFP
-Is the recent turmoil system and similar to '08-'09 GFC?
-Is the recent government intervention QE?
-Will Fed Chair Jerome Powell pivot and go back to ZIRP?
-Credit risk in Commercial Real Estate sector
-Economy decelerating toward recession
-Will hard landing/severe recession spur more fiscal stimulus/CBDCs and UBI?
-How to financially plan in this economy
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Follow Danielle on Twitter https://twitter.com/DiMartinoBooth
IN THIS EPISODE:
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