Professor of Economics, Author, Radio Host, Speaker

Richard D. Wolff

Status Coup News: Silicon Valley Bank Bailout Crisis NOT Definitely Contained

Richard Wolff
posted by | 13719pt
March 16, 2023

Prof Wolff joins Status Coup News to discuss the Silicon Valley Bank bailout and potential financial contagion affecting the rest of the U.S. banking system.

Watch the interview here. 

Showing 2 reactions

Sign in with

Please check your e-mail for a link to activate your account.
  • kitegarden
    commented 2023-03-19 12:29:07 -0400
    Please explain why a decrease in deposits at the failed banks put them in a riskier position. Wouldn’t a decrease in deposits mean less money they would have to refund in a bank run?
  • Richard Wolff
    published this page in Updates 2023-03-16 07:15:09 -0400

Richard D. Wolff is Professor of Economics Emeritus at UMass Amherst and a visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Richard Wolff is also a co-founder and active contributor of his non-profit: Democracy at Work

connect

Sign in with Facebook, Twitter or email.
Created with NationBuilder
using a public theme by cStreet