Banking with the Abyss feat. Nathan Tankus

TRASHFUTURE

Comedy

4.6 • 851 Ratings

🗓️ 21 March 2023

⏱️ 80 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, we're joined by writer and Modern Money Network research director Nathan Tankus (@NathanTankus) to discuss the recent events with Silicon Valley Bank. Is the US Government going to insure all deposits? Have we nationalized a bank, but only in service of its creditors? Is this a re-run of 2008, but dumber? We discuss all this, and more, in the following episode. Check out Nathan’s site ‘Notes on the Crises' here: https://www.crisesnotes.com If you want access to our Patreon bonus episodes, early releases of free episodes, and powerful Discord server, sign up here: https://www.patreon.com/trashfuture *WEB DESIGN ALERT* Tom Allen is a friend of the show (and the designer behind our website). If you need web design help, reach out to him here: https://www.tomallen.media/ *MILO ALERT* Check out Milo’s upcoming live shows here: https://www.miloedwards.co.uk/live-shows and check out a recording of Milo’s special PINDOS available on YouTube here! https://www.youtube.com/watch?v=oRI7uwTPJtg Trashfuture are: Riley (@raaleh), Milo (@Milo_Edwards), Hussein (@HKesvani), Nate (@inthesedeserts), and Alice (@AliceAvizandum)

Transcript

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0:00.0	Stay down.
0:02.0	We want to hurt no one.
0:04.0	We're here for the bank's money, not your money.
0:06.0	Your money is insured by the federal government.
0:08.0	You're not going to lose a dime.
0:09.0	Think of your families.
0:10.0	Don't risk your life.
0:11.0	Don't try and be a hero.
0:13.0	...
0:14.0	...
0:15.0	...
0:16.0	... Hello, everyone, and welcome back to this free episode of T.F. Yes, that's right. Milo's here, and he is announcing which one it is.
0:35.7	Yeah, also joining me is Hussein.
0:37.8	Yeah, what's up?
0:38.7	As well as Alice from Glasgow.
0:40.5	Hi.
0:41.0	And we're very excited to be joined for our episode all about, or 80% about the Silicon Valley bank collapse and associated other bank collapses that will probably happen between now and when this episode comes out.
0:54.4	It's Nathan Tentis, the research director of the Modern Money Network, and author of a very
0:58.6	good substack, which you will link in the description, Notes on the Crisis.
1:01.8	Nathan, how is it going now that banks are failing all the time?
1:05.3	It's great. I mean, things are never better than this.
1:09.0	You know, struggle with writing and this is the kind of perfect thing.
	...

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