Episode 315: Why Do Banks Collapse?

With the recent events of Signature and SVB, D.O. and JC fulfill a fan request and discuss the current events, how they happened and what is expected in the future. Please understand that  this is the world according to D.O., explained in a manner that makes sense to him.

They take a complex situation and try to explain in digestible terms. They first discuss how the failures occurred - then wrap up by talking about the potential collateral damage from these events. 

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