What’s Going On With the Recent Bank Failures?
In March 2023, major banks collapsed, interest rates have been rising, and many people are greatly—and rightly—concerned about inflation. In this week’s episode of the Strong Towns Podcast, Chuck Marohn talks about the financial system, and provides insights on what’s currently happening in the banking industry.
ADDITIONAL SHOW NOTES
Cover image source: Flickr.
Houston’s new Popular Annual Financial Report tells a reassuring story of short-term growth and recovery, but it ignores the city's long-term financial trends. If things are going to improve, public officials need to confront reality.