Showing posts with label financial system. Show all posts
Showing posts with label financial system. Show all posts

Mar 29, 2023

Jim Bianco on confidence and the financial system

The whole financial system operates on confidence.  And if confidence is broken, it is very difficult to get it back.

~ Jim Bianco, interview with Bankless, 51:40 mark, March 28, 2023



Mar 20, 2020

Kevin Duffy on the coronavirus, economic stimulus and fragility

Why is the financial system so vulnerable to a shock like Covid-19? It's natural immune system has been depleted by decades of stimulants and painkillers.

Kevin Duffy, tweet, March 20, 2020

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