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Banking, Inflation, and Government Spending: Amanda Lang and Kevin Carmichael

The Herle Burly

00:00

Are the Regulators in the Right Place?

David Rothkopf: What we're seeing is a trigger for everybody to take a closer look at these financial institutions. He says the regulations aren't in place, so the regulators aren't on the ball and it can get contagion like or start to spread. But he adds that there's no direct flow from so like 2008 where one bank went down - now another one has gone down. And this doesn't look like 2008, but I don't think ultimately it can turn into something like that because of those modes are in place now, said Rothkopfi.

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