Hundreds More Banks Risk Failing This Summer: Nothing Was Fixed Warns Top Economist

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Contenuto fornito da The Daniela Cambone Show and Taylor Made Economics, The Daniela Cambone Show, and Taylor Made Economics. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da The Daniela Cambone Show and Taylor Made Economics, The Daniela Cambone Show, and Taylor Made Economics o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

12d ago 27:20

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"At this point, we have a banking system that is sick. I mean, it's just crippled,” says Peter St. Onge, a former MBA professor and Ph.D. economist. In an exclusive interview with Daniela Cambone, St. Onge delivers a stark warning about the fragility of the US banking system, revealing the alarming dependence on the Treasury and Federal Reserve for financial survival. Without their support, he asserts, "the entire US banking system for sure would be bankrupt."

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#Trading #Business #Lynette Zang