Economics Matters by Laurence Kotlikoff Podcast Is Our Financial System About to Melt Down? A Discussion with Jonathan Treussard and Paul Solman 1 1× 0:00 Current time: 0:00 / Total time: -49:50 -49:50 Audio playback is not supported on your browser. Please upgrade. Is Our Financial System About to Melt Down? A Discussion with Jonathan Treussard and Paul Solman Larry Kotlikoff Mar 15, 2023 1 Share Economics Matters -- the Podcast invites you to this conversation I held with financial expert and consultant, Jonathan Treussard, and PBS NewsHour economics correspondent, Paul Solman, on the collapse of Silicon Valley Bank (SVB) and its likely aftermath. This discussion was held Sunday afternoon, March 12th, before the FDIC's announcement that it would insure the uninsured deposits of SVB and, the next day, Signature Bank. The Fed also announced a new lending facility to assist banks with liquidity if they were to face runs by uninsured depositors. As discussed in this newsletter , these policies may not suffice to stop a slow and growing run by non uninsured depositors to transfer their money from risky banks to mutual funds that hold Treasury bills -- a run that could produce a meltdown of the financial system. That's strong language, but the banking system holds some $18 trillion of deposits, $8 trillion of which are uninsured. Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author , President of maxifi.com , and Author of Money Magic . Stay Connected: Facebook , Twitter , LinkedIn Discussion about this episode Comments Restacks Economics Matters by Laurence Kotlikoff Podcast Economics can make a massive difference - collectively and personally. Listen in as we chat with some of the most influential leaders in economics across the globe. Economics can make a massive difference - collectively and personally. Listen in as we chat with some of the most influential leaders in economics across the globe. Subscribe Listen on Substack App RSS Feed Appears in episode Larry Kotlikoff Recent Episodes Naill Ferguson, the Preeminent Economic Historian, Talks Geopolitics -- Yesterday's, Today's, and Tomorrow's Aug 10 • Larry Kotlikoff Jack Schibli of Lane Generational Explains Why the Stock Market Runs Largely on Autopilot and the Equity-Investing Danger this Presents Aug 2 • Larry Kotlikoff The Brilliant and Captivating Justin Wolfers Talks Economics and the Economy Jul 31 • Larry Kotlikoff Economics Matter's First Substack Live! Talking Social Security's Extreme Insolvency with Pam Krueger, Founder and CEO of Wealthramp, and… Jul 29 • Larry Kotlikoff Brilliant Investing Requires Thinking and Looking Outside the Box -- Steve Laffey Is an Extraordinary Investor. This is a Podcast You Can't… Jul 23 Economist John Goodman, Father of HSAs and One of America's Most Influential Policymakers, Talks US Healthcare Reform Jul 16 • Larry Kotlikoff Bruce Mehlman Joins Economics Matters to Discuss the Long-Term Economic Impact of the War in Iran, Geopolitics, Economic History, and His… Jul 2 • Larry Kotlikoff Sebastian Mallaby Returns to Discuss AI and his Latest Bestseller: The Infinity Machine. Jun 25 • Larry Kotlikoff