Economy
Paul Craig Roberts: “Unbelievable Stupidity” led to BANKING CRISIS
- Paul Craig Roberts
- Wednesday 15 Mar 23
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With stocks tumbling on Wall Street and increasing worries about more bank failures, the big question is: How Did This Happen?
Former Assistant Treasury Secretary Paul Craig Roberts says the answer is simple: a combination of incompetence, greed, Wokeness, and “unbelievable stupidity.”
He explains in this wide-ranging interview with On Target’s Larry Sparano
To correct myself, this is the source of the banks’ derivative holdings:
https://www.usbanklocations.com/bank-rank/derivatives.html
Paul Craig Roberts
Paul Craig Roberts has had careers in scholarship and academia, journalism, public service, and business. He is chairman of The Institute for Political Economy.
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