Stopping the spread: how to fix the banks
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 21 March 2023
⏱️ 26 minutes
🧾️ Download transcript
Summary
Silicon Valley Bank. Signature Bank. Credit Suisse. The world’s banks look wobbly, leading to fears of broader economic pain. Our economics editor explains how regulators should stabilise the sector. Russia is running out of tanks; replenishing its supply will not be easy. And America has a new favourite dog breed.
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Transcript
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| 0:00.0 | Hi there. I'm off this week. |
| 0:04.6 | Apparently we're more productive at work after a good holiday. |
| 0:12.1 | So I'm counting this Caribbean rum distillery tour as professional development. Yours calling. Take your holiday as seriously as British Airways |
| 0:27.1 | holidays take your holiday. Atul protected. This episode is sponsored by Tradeu, the multi-asset platform that lets you trade with an institutional edge. |
| 0:40.6 | Get access to Jeffrey's research, trading view and analyst AI, all free with your |
| 0:46.4 | trade-do account. |
| 0:48.1 | Tradeu, your trade, your move. |
| 0:51.7 | Explore more at tradeu.com. |
| 0:55.0 | Your capital is at risk. |
| 0:56.4 | Terms and conditions apply. |
| 1:01.2 | Hello and welcome to the intelligence from the economist. |
| 1:04.6 | In New York, I'm John Fastman. |
| 1:07.3 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 1:13.6 | Russia is losing around 150 tanks a month in Ukraine, a pittance compared to its Second World War losses, |
| 1:21.6 | but because tanks today are more sophisticated, making them is harder, which will pose an increasingly tough battlefield problem for Russia. |
| 1:31.1 | And Labrador Retrievers, their lovable, energetic and good-natured, spent 31 years as America's favorite dog breed, |
| 1:39.0 | but they've been replaced atop the charts. |
| 1:41.5 | By whom? |
| 1:42.7 | Stay tuned for our discussion of the War and woof of canine popularity. |
| 1:49.0 | But first. |
| 1:58.0 | On Sunday, it was announced that Credit Suisse, a Swiss bank, was being taken over by its long-time rival UBS, in a merger orchestrated by the country's financial authorities. |
| 2:12.9 | That she, national stability and security for our people, |
... |
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