Breaking Points with Krystal and Saagar cover image

3/16/23: US Pushes Tik Tok Sale For National Security, Stock Chaos, "Lehman Moment", Jamie Dimon Bailout Meetings, Neocons Attack Trump/Desantis on Ukraine, Michigan Rolls Back "Anti Union" Law, The Fed Must Be Stopped, Biden's Controversial Ambassador

Breaking Points with Krystal and Saagar

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Financial Fallout and Systemic Risks

This chapter examines the fallout from the collapse of Silicon Valley Bank and its implications for the banking industry. It discusses the vulnerabilities exposed by reliance on treasuries, the impact of the Federal Reserve's interest rate hikes, and the troubled legacy of Credit Suisse. Through analysis of past financial crises, the chapter raises concerns about regulatory failures and the prioritization of elite interests over public accountability in times of economic distress.

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