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Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)
The "What is Money?" Show
I'm a Bank, You're a Bank
Roxanne Jones: The pattern here is nothing different than an historical bankground d it's exactly, you know, human nature we talked about before. They get involved in the system, and they just become too much. And i reaches a point where, once the snowball snowball starts rolling down the hill in the other direction, there's no way to stop it, because i just, now, it gets too far too fast. We need to understand that collateralized lendand collateralized funding had become a really huge part of how the globe monetary system functioned in the decades before the financial crisis.
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