I should be worth a billion dollars at this point if I had actually been smart. But it's sort of one of the ironies of life is that you only really know something's really rocking when you look back on it. At the time, it just looks like all these things are falling apart in every direction. That's what it looked like for the last 10 years. Today you guys I think we're on. I'm not. I almost hope I'm not right. Ray Dalio: Their their ability to drop interest rates to zero and stipulate and stimulate the market are gone.
What happens when banks have growth as their priority? With the current instability, what can the public vs private sector debate tell us about our financial institutions?
When leadership is beholden more to shareholders than to their patrons, it can lead to wildly different outcomes regarding the security of their customers’ assets.
This week, Phil and Danielle continue to analyze the recent bank failures and discuss some of their problems with the structure of current financial systems.
For insight into how you can better research your next investment, get your copy of The Value Investing Cheat Sheet: https://bit.ly/3Z8PXdw
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