Sally Kohn: The Four Horsemen of 2023 or the 2020s are finance, the financial system, geopolitics and potentially war. She says we respond by throwing central bank-created money and guarantees at it while keeping the rest of the economic system the same. "I don't think Europe is remotely out of the woods on this credit default swaps thing," she said.
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