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Episode 123 — Held Hostage by The Banks
Manage episode 359011643 series 2899207
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What do Switzerland, Cypress, Japan, Turkey, Israel, Germany have in common? This episode, of course. Banks are in the headlines. From SVB to Credit Suisse, who is getting bailed out and why? Is this bank event the calm before the storm of a real credit collapse?
Paul returns from his trip Across the Pond where he interviewed Rentokil CEO Andy Ransom. What’s Andy’s take on the near-future of pest control? Tune in and subscribe to Potomac TV to find out.
Remember from Episode 102, money doesn’t sit on the sidelines. The bank event changes Patrick’s previous tune of chasing yield to chasing safe haven. It begs the questions ‘where is a good place to store wealth?’
From making bank deposits to bail-ins to kick the proverbial can up the stairs, there’s a lot to take in during this bank-centric sit-down.
Audio Mixing and Editing by www.verbell.ltd
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