In this video, financial expert Steve Sosnick and I discuss the importance of bank regulation and the risks associated with reckless banking practices. We explore the precedent set by the bailout of banks and how it can encourage irresponsible behavior, like we saw with Silicon Valley Bank.
The conversation delves into the need for restrictions and regulation in the banking industry, despite the dislike for regulations. We highlight the importance of banks operating in the best interest of their clients and the need for vigilance in detecting risky banking practices. This insightful discussion provides valuable insights into the importance of bank regulation and the potential consequences of not implementing it effectively.
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Watch the full episode here: https://youtu.be/xhS6srX5uwk
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