Is the Banking Crisis Over? (Robert Wright & Richard Vague)

This is a free preview of a paid episode. To hear more, visit nonzero.substack.com0:00 Richard’s banking and business bona fides 2:51 Was the Silicon Valley Bank crash a harbinger of worse to come? 10:06 What actually caused SVB’s collapse? 18:46 Richard: SVB failed risk management 101 31:41 Costs and benefits of the SVB bailout 38:13 The Fed’s oft-forgotten original role 43:32 Did the deregulation SVB lobbied for doom it? 45:09 Overtime preview: Richard’s career highlights; cognitive empathy in commerce; how to hire like a boss; and more! Robert Wright (Bloggingheads.tv, The Evolution of God, Nonzero, Why Buddhism Is True) and Richard Vague (Gabriel Investments, The Next Economic Disaster). Recorded March 21, 2023. Richard's article about the SVB crash in Democracy Journal: https://democracyjournal.org/arguments/the-svb-failure-why-it-happened-and-what-it-means/ Comments on BhTV: http://bloggingheads.tv/videos/65853 Twitter: https://twitter.com/NonzeroPods