Deflation Ahead: Banking Crisis Part 2… More Pain To Come

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 22 March 2023

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

IMO OMG WTF SVB,

This week we discuss the banking crisis which is unraveling and what is next to come. While the waters look calm and ready for people to wade back in... under the surface, it is not so safe.

We discuss some of these problems and we will have even more revelations next week. This is a slow motion train wreck and I would not be standing on the tracks.

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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For more information, visit the show notes at https://moneytreepodcast.com/banking-crisis-487

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.8	Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.0	Hello, Smart Money Tree podcast listeners.
0:12.9	Welcome to this week's show.
0:14.2	My name's Kirk Chisholm and I'll be your host.
0:15.7	And once again, I'm joined with my good friend Doug Higran.
0:17.9	Hey, Doug.
0:18.7	Hey, good morning, Kirk.
0:19.5	Happy Friday to you.
0:20.9	And happy Friday, everybody out there who's searching for a new job because isn't that what
0:25.0	LinkedIn was built to be, right? A resume platform. It's morphed into something a little
0:28.6	different. But in the end, it's still supposed to be a job search site. So hopefully that's
0:33.1	working for somebody out there that's looking for their great next opportunity. We're also on YouTube.
0:38.0	I don't want to leave out YouTube because people go there as well. And frankly, LinkedIn,
0:42.1	does a poor job promoting this show. So I'm not going to give them all the credit. Let's spread
0:46.3	the wealth. So let's kind of dive right in. This is an interesting week. We recorded our last
0:51.4	Wednesday episode on Monday, which was after the Silicon Valley Bank and the
0:56.6	Citizens Bank, not Citizens Bank.
0:59.1	Signature, that's what it was.
1:01.2	We're both a little slow this Friday.
1:03.1	So what it was interesting is talking to my friend about this, and I didn't follow the
1:07.0	signature bank thing because I just saw it.
	...

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