AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Why Bank Money Is “Disappearing” | Patrick Perret-Green
Forward Guidance
The Debt Crisis in the United States
Banks do well when interest rates go up and it's like yes but not when they interested to go up 500 basis points in a year. The real problem is actually businesses so we look at um you know was it less to the federal government who massively expanded its debt during the covid etc? So this could end up being more like a 2002 2001 recession where it effectively becomes a balance sheet recession.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode