Finance & Fury Podcast

Welcome to Finance and Fury, the Furious Friday edition! Today’s misunderstanding is about the “Too big to fail” myth. I want to tell you a story. It’s probably a relatively unheard-of story… of our “Big 4” banks and their recent history.   The whole point of this is to answer: Are financial collapses created by too many regulations, or not enough?   The answer seems to be that more regulation is the only way to solve future financial crashes and any financial collapse has had some form of regulation come out of it as a result. But, the aim of this episode is to see if this has helped or hurt the economy and the banks overall   Warning: The banking system is pretty complicated, so there’s some points in this episode that might be pretty in depth. But that seems to be the whole point of the financial system: Make it so complicated not many people know what is going on. I have tried to make this as simple as possible so hopefully it isn’t a bore.   In this episode: What we will go through Banking sector: Verti