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Business Optimism Crashes (EP.307)

Animal Spirits Podcast

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Bank Failures by Year

This is not 2008, even though the assets might be the same size. The banks back in 2008 were, it was much different. And everybody was pretty much screwed. But whereas this time it really is centered on either a concentrated deposit base or geography. It's just surprising that there hasn't been more carnage from this.

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