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A San Francisco Conservative Podcast 88
7 months ago
5
In this podcast episode, Tom Martin and David Parker discuss the failure of Silicon Valley Bank and the financial recklessness observed in the banking sector. They delve into how banks engage in overextension of credit, reckless gambling with investments, and the consequences that follow such practices. The conversation also touches on the role of government in financial crises, the lack of accountability among bank executives, and the historic patterns of financial mismanagement that continue to recur. David Parker emphasizes the importance of learning from history to avoid repeating past mistakes in the realm of finance and economy.
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