The Importance of Regulating the Financial System

The biggest bank failure since the 2008 financial crisis. Is S.V.B. an interest rate canary in the financial coal mine? Well, this is when you have your greatest worry. It's always the case when we have a sudden increase in interest rates and an inversion of the yield curve. The banking sector in general is going to have some difficulties because generally the model is borrow short, lend long,. And if that isn't any longer possible, then questions start to be asked about the veracity of different institutions.