Divine Intelligence, etc cover image

sr20230316_Money

Divine Intelligence, etc

00:00

The Only Bank That's Safe Is One That Does Good at Criminal Enterprise

The implication that's in the market right now is the only bank that's safe is one that's good at criminal enterprise. That's not nice. It's insane. Honest guys can't protect you in this environment. So take your money out of a well capitalized, well-governed, well-managed bank and put it into a criminal enterprise. You're much safer there with criminals. But you know something? It's been working since the financial crisis. In the financial crisis, all the criminals who pulled it off, everybody, they got massive increases in their bank deposits,. They have more deposits than ever. The two biggest of hails are bigger than ever. We'll start

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app