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Stupidity are a part of the problem. svb and ftx are two of several major players in the financial industry that have gone under in recent months. are you noticing this? the bank silver gate, more than 1 million in assets. crip to warrior, the $3 billion. block-fi and a number of others. on friday, wells fargo customers reported they didn't get their paychecks as expected. the bank says that's a computer glitch. we don't know. what's clear is we're witnessing something serious happening in the finance sector and in other sectors of our economy. we don't know where any of this is going. we're c...

Financial contagion. joining me to discuss is aaron cline, senior fell low at the brookings institution and former deputy stapt secretary for economic policy at the treasury department. what's your answer to this week's poll question? i isolated or more con toy on? >> i don't think it's going to lead to a horrible disease that's going to bring down the financial system, as we saw in 2007 and 2008. however, i'm not it's completely an isolated incident. silicon valley bank isn't the first to go under this week. silver gate had leaned heavily into crypto. there are a couple more dominos that coul...

Following the failure of silvergate bank, the crypto—related bank that went down in flames on wednesday this week, so leave accurate silicon valley bank announced that it is going to restructure its balance sheet, it is going to sell portfolio bonds at a loss because those bonds have been falling in value. and it was going to raise more capital. that didn't seem all that bad, but there were some other red flags around it and what happened was that a lot of its depositors decided that meant the bank was in trouble, like silver gate had been, and took their deposits out. and it lost about a qu...

Visitation to Yellowstone National Park dropped 32% in 2022 from its record-busiest year in 2021.

The park hosted 3,290,242 recreation visits in 2022, which is 32% less than its busiest year on record in 2021.