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Ep 57: Balaji Srinivasan on the Origins & Severity of the Bank Crisis, the Future of Bitcoin, and "Make America States Again"

Joe Lonsdale: American Optimist

CHAPTER

The Toxic Waste of the Banking System

There's a lot of, there's a big gap in the banking system. The Fed itself has a report saying 722 banks have like, this is as of Q three of last year. It's gotten worse since then. If you had any long duration bonds, you're aft. And so, so what does history teach us? Paul: We have a whole nother really crazy cycle ahead.

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