Gehen Sie mit der App Player FM offline!
Banking crisis: will there be a new recession?
Archivierte Serien ("Inaktiver Feed" status)
When? This feed was archived on July 31, 2024 23:33 (). Last successful fetch was on October 17, 2024 08:42 ()
Why? Inaktiver Feed status. Unsere Server waren nicht in der Lage einen gültigen Podcast-Feed für einen längeren Zeitraum zu erhalten.
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 Episoden
Archivierte Serien ("Inaktiver Feed" status)
When? This feed was archived on July 31, 2024 23:33 (). Last successful fetch was on October 17, 2024 08:42 ()
Why? Inaktiver Feed status. Unsere Server waren nicht in der Lage einen gültigen Podcast-Feed für einen längeren Zeitraum zu erhalten.
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 Episoden
Alle Folgen
×Willkommen auf Player FM!
Player FM scannt gerade das Web nach Podcasts mit hoher Qualität, die du genießen kannst. Es ist die beste Podcast-App und funktioniert auf Android, iPhone und im Web. Melde dich an, um Abos geräteübergreifend zu synchronisieren.