arcticorangutan on Nostr: I’m sure this is a great interview but I just want to stress: I don’t like this ...
I’m sure this is a great interview but I just want to stress:
I don’t like this talk of banking failures. I don’t think this seems very likely in the US. They let SVB and Silvergate fail because it was a somewhat welcome development.
They will never let any of the major banks fail. The risk has now shifted to US sovereign creditworthiness which could be much more difficult to predict in terms of how it plays out.
I know a banking system collapse would be welcome but we shouldn’t hold our breath for it.
Big guest this week! Ed Dowd joined me to talk about his forecast of more banking failures, a market crash, CBDCs and why #Bitcoin is here to stay! https://youtu.be/dadf0Qw0eyw?si=kxPyueSfyWAIO30F
Published at
2024-05-15 17:46:37Event JSON
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