CNN CNN Newsroom June 4, 2024 17:11:00
Ive been pretty right in saying recession fears are overblown. but where i am right now i want to remind viewers of one thing. the banks that are in trouble now are small banks. the thing about small banks is theyre small. thats completely different than 2008. so if we do have further banks like first republic collapse, that will be very sad for the folks who work there and the shareholders will lose money. but in terms of its implications for the broader american economy as a whole even if all ...
Source: archive.org