Don't Run a Bank

The idea that interest rates were always going to be at zero was idiotic when they got caught with their pants down on this trade venture capitalists then all decided to take their money out and tank the bank that they built. They screwed over their own portfolio companies who couldn't get their money out because they panicked what am I missing first of all we're not a finance podcast so I don't know if I ran a bank if I would have noticed all these things hindsight is 2020 he says.