Player FM 앱으로 오프라인으로 전환하세요!
Banking crisis: will there be a new recession?
저장한 시리즈 ("피드 비활성화" status)
When? This feed was archived on July 31, 2024 23:33 (). Last successful fetch was on October 17, 2024 08:42 ()
Why? 피드 비활성화 status. 잠시 서버에 문제가 발생해 팟캐스트를 불러오지 못합니다.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 360800220 series 3467851
This week’s episode welcomes back Niklas Albin Svensson, a leading member of the International Marxist Tendency, to discuss the ongoing turmoil in the global banking system.
A few weeks ago, Silicon Valley Bank (SVB) collapsed, but the failure of SVB was not the end of the story. Rather, what we have seen is a sudden flurry of bank collapses, which has so far culminated in the forced merger of Credit Suisse into UBS and the dramatic fall in Deutsche Bank’s share price.
While a total collapse of the banking system has so far been avoided, this does not mean that the situation is stable. In reality, crises like this are inevitable under the capitalist system, and the ruling class have only managed to temporarily alleviate the worst of this crisis by laying the grounds for a deeper one.
Read Niklas’ latest on the banking crisis:
https://www.marxist.com/banking-system-on-the-brink.htm
https://www.marxist.com/the-svb-collapse-shows-the-fragility-of-the-capitalist-economy.htm
59 에피소드
저장한 시리즈 ("피드 비활성화" status)
When? This feed was archived on July 31, 2024 23:33 (). Last successful fetch was on October 17, 2024 08:42 ()
Why? 피드 비활성화 status. 잠시 서버에 문제가 발생해 팟캐스트를 불러오지 못합니다.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 360800220 series 3467851
This week’s episode welcomes back Niklas Albin Svensson, a leading member of the International Marxist Tendency, to discuss the ongoing turmoil in the global banking system.
A few weeks ago, Silicon Valley Bank (SVB) collapsed, but the failure of SVB was not the end of the story. Rather, what we have seen is a sudden flurry of bank collapses, which has so far culminated in the forced merger of Credit Suisse into UBS and the dramatic fall in Deutsche Bank’s share price.
While a total collapse of the banking system has so far been avoided, this does not mean that the situation is stable. In reality, crises like this are inevitable under the capitalist system, and the ruling class have only managed to temporarily alleviate the worst of this crisis by laying the grounds for a deeper one.
Read Niklas’ latest on the banking crisis:
https://www.marxist.com/banking-system-on-the-brink.htm
https://www.marxist.com/the-svb-collapse-shows-the-fragility-of-the-capitalist-economy.htm
59 에피소드
Semua episode
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.