What goes up, must come down. Unless you’re a banker. In which case it’s up, up and away with bailouts and low interest loans! Today’s episode is an accessible explainer of the unfolding banking crisis. It explains the basics of banking business models, where certain banks have exposure, the regulatory environment and some predictions as to what happens next. Hopefully, you walk away with slightly more insight into the current crisis, why it’s happening and what’s at stake.
Chapter One: All for one, one for all. 00:02:37
Chapter Two: Mark to Market. 00:06:36
Chapter Two and a Half: Fox Never Wastes a Crisis. 00:13:15
Chapter Three: What comes next? 00:15:31
Post Show Musings: 00:20:44
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Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is written and hosted by Max and distributed by 99.
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