Eps 0318 - Bank Stresses are Building Again and Failures are Sure to Follow

"This time is different" is something you will hear from people if you try to warn them about economic collapse brought on by some crisis. It's always a function of monetary mischief; expanding credit too rapidly and by too much. This intervention leads to over-investment and malinvestment, which has to be corrected eventually. Here's the problem, The Fed never sees it coming, the talking heads on TV never see it coming, and it ensnares a lot of people and has ruinous effects on their lives. Join me today as we dig deeper into a new crisis looming in the banking system; interest rate risk on bank balance sheets.

Clips from Show

https://www.youtube.com/watch?v=kdyUaas4I6A