The Crypto and AI Dimension of the Banking Crisis

We cannot have a full-scale banking crisis ever again. The world changed in 2009. That existential risk of the collapse of the global banking system does not exist because the content of easing. Can't happen at scale, but it happens slowly. Commercial real estate is not going away. Nobody's going back to the office. It's like they're going to be plowing over bulldozing big cities. So there's a whole bunch of stuff that's just going to go fallow. And that's going to have to be taken off the banks.