Jim Rickards – AI, Debt, And The Global Economy
Porter & Co. Black Label Podcast
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Economic Instability and Banking Crisis
This chapter explores the precarious state of the economy with a particular focus on the commercial real estate market and the looming threat of collapse. It discusses the implications of accounting practices on banks, the rise of technological impacts on bank runs, and the significant case of Silicon Valley Bank's failure. The chapter also contrasts 'bail in' versus 'bail out' strategies amidst government interventions and examines the potential long-term effects on the financial system.
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