In todays episode we look at the moral hazard of offering the banks a bail out and I spoke with my banker this morning and pushed back on his narrative that everything is fine.
https://www.zerohedge.com/markets/fed-panics-announces-coordinated-daily-us-dollar-swap-lines-ease-banking-crisis
https://www.zerohedge.com/markets/us-banking-will-be-forever-changed
https://www.zerohedge.com/markets/what-else-can-it-do-credit-suisse-deposit-run-continues-despite-snb-rescue
https://www.zerohedge.com/markets/deposit-based-bailout-bad-policy-regional-banks-continue-slump-after-ackman-warns-false
Intro music- "Dangerous" by Big Data ft. Joywave
Outro Music- "Desire" by U2
Please email any thoughts, topics and pushback to fc1854@yahoo.com
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