4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson

May 8, 2023 by https://scheerpost.com/

Economist Michael Hudson discusses the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how government regulators are in bed with the bankers.

By Ben Norton and Michael Hudson / Geopolitical Economy Report

Economist Michael Hudson joins Geopolitical Economy Report Ben Norton to discuss the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how regulators – and the government itself – are in bed with the bankers.

In March, Norton also interviewed Hudson on the collapse of Silicon Valley Bank, Silvergate Bank, and Signature Bank.