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I'm Akshatrati and this summer on my podcast zero, I'm doing a series about climate storytelling, how we talk about climate change and what it means for how we confront it.

This week, I'm interviewing journalist Amy Vesterveld about reporting on the history of climate denialism.

I'm a big believer in the idea that you can't effectively solve a problem if you don't really know where it came from.

Listen to zero on the iHeart Radio app or wherever you get your podcasts.

Hello and welcome to another episode of the AdLots podcast. I'm Joe Wyesenthal.

And I'm Tracy Alley. Tracy, it's been about, I guess, three months or so since the SVB blow up and I don't know, people, it sort of seems like a thing of the past now.

I'm trying to remember when I went on vacation, I guess it was March. So yeah, I guess three months.

Can I ask before we start this conversation, are we going to call it a crisis or not? Because that seems to be a new terminology debate.

Well, yeah, it's a good question. I'm team anti crisis, but also I remember you were on vacation and I remember you're like, I've got a missing of financial crisis.

And I was like, no, no, it's not a crisis. Enjoy your vacation. It's not worth like.

It was still the most interesting thing to have happened to banks in many, many years. It was very interesting.

All right. Well, let's agree to call it drama drama. That works. That works for everyone.

It was drama. I think that's right. And you know, after that, we, you know, there were all these questions.

Like, why do we have thousands? Why do we have banks at all?

Why do we? We did. We hit like an episode. Like, why do we have private banks?

Oh, that's true. Yeah, we did. We did it. So yeah.

Why do we have private banks, especially if the depositors can almost always be guaranteed to be bailed out?

Yes. So it did raise some existential questions for banks. And one of them was the deposit insurance question that you just mentioned.

But the other one was the nature or the breadth of the US banking system altogether.

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