The truth behind the SVB collapse and the global banking crisis: The big banks are only getting bigger.
In this episode of the Patrick Henningsen Show on TNT Radio which aired on March 15, 2023, Patrick talks with veteran market analyst and Levy Institute Research Felow, Marshall Auerback, on the recent collapse of Silicon Valley Bank, the mechanics of the FDIC’s rescue program, and whether this is really a “bailout”, as well as the privilege and the liquidity of the US dollar as a world reserve currency. He also shares his thought on the wider global banking crisis and more. Listen:
More from Marshall Auerback:
https://mobile.twitter.com/Mauerback
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