Rabbit Hole Recap cover image

Rabbit Hole Recap #251: $10,000,000 for Open Source Projects

Rabbit Hole Recap

00:00

The Acceleration of the Financial Crisis

People forget that in 2008, bear's sterns failed in the spring of 2008. But they all got preemptively bailed out and first republic still failed. The situation right now is such that nobody is incentivized to keep their money at these regional banks. They're probably flooding out either to the JP Morgan's of the world, money market funds or other entities that are not regional banks. And so I think this could happen much faster than people imagine.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app