Sally Kohn: When I see what's happening this week with Silicon Valley Bank and Credit Suisse, the first thing that comes to mind is a scene from the movie Jaws where Chief Brody sees the size of the shark for the first time. "I'm very confident of my worldview for the next five to seven years," says Kohn. She will continue to comment on society's intermediate and long-term trends.
In this Frankly, Nate shares some context about how he thinks about the recent global banking and financial market news. How do the catalysts triggering the SVB collapse compare to the 2008 financial crisis? What might world financial market reactions indicate as we move closer to The Great Simplification? What can we learn and proactively plan for by taking a balanced, comprehensive view of the global financial system and banking? One thing to be sure of: world governments and central banks “are gonna need bigger boats” as more and more entities require bailouts and guarantees. Eventually that ‘boat’ may become so big that it will be “Too Big to Save”.
Watch on Youtube: https://youtu.be/eOYU1VlwTNs
For Show Notes and More: www.thegreatsimplification.com/frankly-original/26-a-bigger-boat