Chapter
Clips
The collapse of Greensill Capital highlights the risks associated with shadow banking and the lack of transparency in the industry.
24:11 - 25:42 (01:31)
Summary
The collapse of Greensill Capital highlights the risks associated with shadow banking and the lack of transparency in the industry. Governments and central banks are stepping in to backstop deposits to avoid a general panic, but this doesn't solve the underlying problems of the system.
ChapterBanking Terminology Overload
EpisodePart 1: Pomp On Balaji's 90 Day Bitcoin Bet, Digital Catastrophes, And Failing Banks
PodcastMy First Million
The global reserve currency and its impact on hyperinflation is not usually understood by many people.
25:42 - 31:03 (05:21)
Summary
The global reserve currency and its impact on hyperinflation is not usually understood by many people. The recent announcement of establishing a swap line and other measures have a direct impact on banks such as First Republic and the economy in general.