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Context changes everything.

Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

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So let us begin. It is about the next financial crisis that will not happen.

As we began to put this panel together, it just got better and better and more wonderful.

And I'm not going to go through all their bios because that will take precious time.

Ann Richards is with us.

She has a wonderful concision in her analysis of finance and investment.

I call her the mathematician.

We enjoy so much having her with us on Bloomberg surveillance and I just I was just

thrilled that Ann could find the time to be with us today.

Jess Staley runs a bank. He said the most intelligent thing I've heard up the valley so far, which feels

like 2006, we'll get to that in a moment.

We have another banker with this Mr Corbett.

...