Banks on the Brink: Finance Crisis, State Bailouts, and the Global Slump

Stock markets and banks are teetering on the edge. Join Spectre live to discuss the meaning of the banking crisis and state bailouts. The collapse of Silicon Valley Bank and Signature Bank followed by runs on First Republic Bank and Credit Suisse triggered panic in financial and stock markets throughout the world. Just as they did in the Great Financial Crisis of 2008, the U.S. and other states bailed the banks out. Where is this banking crisis headed? What does it mean for the real economy? Join Hadas Thier, David McNally, and Michael Roberts to address these and other questions about capitalism and its global slump. Speakers: David McNally is the author of Global Slump and Blood and Money. Michael Roberts is the author of The Long Depression and Capitalism in the 21st Century. This event is sponsored by Spectre Journal and Haymarket Books.