You Show Me Yours, I’ll Show You Mine

Majority 54

News, News Commentary, Politics, Society & Culture

4.7 • 6.3K Ratings

🗓️ 15 March 2023

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

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Summary

Crisis at Silicon Valley led to an old-fashioned bank run. Are we in the midst of a new financial crisis? President Biden proposes a budget while the GOP struggles to do the same. Then, the Manhattan DA brings in Michael Cohen, signaling they may be close to announcing an indictment. Jason and Ravi discuss all of that and more on this week's Majority 54. If you've listened for a while, you know that Ravi and Jason would be nothing without their Athletic Greens. See what all the hype is about when you go to AthleticGreens.com/majority and get a free year supply of Vitamin D and 5 free travel packs with your order. Today's show is brought to you by BetterHelp. Join over one million people taking charge of their mental health and get 10% off your first month when you go to BetterHelp.com/M54. Helix is offering up to 20% off all mattress orders AND two free pillows for our listeners at HelixSleep.com/MAJORITY54! This is their best offer yet and it won’t last long! With Helix, better sleep starts now. Majority 54 is a MeidasTouch Network production. Theme music provided by Kemet Coleman. Special thanks to Diana Kander. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Crisis at Silicon Valley Bank led to an old fashioned bank run, are we in the midst
0:07.8	of a new financial crisis?
0:10.1	President Biden proposes a budget while the GOP struggles to do the same.
0:14.4	Then the Manhattan DA brings in Michael Cohen, signaling they may be close to announcing
0:19.2	an indictment.
0:20.2	We'll discuss all of that and more.
0:22.1	This is majority 54.
0:24.1	We've been through a couple of these types of things before now and something feels
0:31.3	really rocky right now in the banking sector and this economy generally, this bank called
0:35.8	Silicon Valley Bank, which I confess did not know that this bank was a bank of huge
0:41.3	break.
0:42.3	Two, it turns out.
0:43.3	Yeah, like $200 billion in assets.
0:45.8	I didn't realize, you know, Thursday Friday of last week, I started having people on my
0:49.4	life cancel meetings.
0:50.8	I didn't realize how many people in my life banked with Silicon Valley bank.
0:54.6	I think it's a measure of how out of touch I've become, you know, but this is.
0:59.0	Well, I don't know.
1:00.0	Is that me?
1:01.0	Oh, I guess just the amount of people and not that you didn't know, but the how many people
1:04.8	in your life bank was so, yes, you're right.
1:07.1	That I agree.
	...

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