Banks continue to fail | China & Russia Partnership | The Gold Standard | The Legacy Syndicate EP 10

1 year ago
28

Watch The Legacy Syndicate Podcast EP 10: https://youtu.be/6HmDS75upYo

Jesse Moon and Mark Cassara start off the episode by discussing the recent spate of bank failures, including the failures of some of the biggest banks in the world. They examine the reasons behind these failures, including the changing economic landscape and increased competition from fintech companies.

The hosts then turn their attention to China and Russia, and the recent moves by both countries to detach from the US dollar. They explore the potential impact of this on the global economy and the dominance of the US dollar as the world's reserve currency.

Finally, Jesse and Mark discuss the possibility of going back to the gold standard as a solution to the current financial challenges. They explore the pros and cons of this approach, including its potential impact on inflation, the value of the dollar, and international trade.

Throughout the episode, Jesse and Mark provide insightful analysis and commentary on these complex financial issues, offering listeners a deeper understanding of the challenges facing the global economy and potential solutions. Tune in to The Legacy Syndicate to stay informed and up-to-date on the latest developments in finance and economics.

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