Ram Ahluwalia, CEO of Lumida Wealth Management, joins us for his second time on Bankless to discuss the latest bank failure and what it means for the rest of the traditional finance system.
Are there more failures to come? Can crypto save the banks? Why are politicians being quiet this time around? What will Powell do next? Answers to these questions and much more in the episode.Â
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Timestamps:
0:00 Intro
8:30 Season Two of the Banking Crisis
10:38 First Republic Bank
13:00 Politicians Being Quiet?Â
15:13 Ram's Slide Agenda
16:10 Co-Morbidities of Bank FailuresÂ
23:40 Negative EquititesÂ
24:40 Publicly Traded BanksÂ
30:27 The Walls Preventing a CollapseÂ
35:40 The Banks' Mycelium Network
39:26 What's the Problem?
45:50 Commercial Real EstateÂ
47:10 The Next 2008?
50:10 CRE Risk
53:07 Arthur Hayes TakeÂ
56:40 Balaji Take
1:01:13 Will Powell Blink?
1:03:20 How to Fix the Banks
1:09:35 How Crypto Saves the Banks?
1:12:55 Closing & Disclaimers
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Resources:
Ram Ahluwalia
https://twitter.com/ramahluwaliaÂ
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosuresÂ
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