Want to create an interactive transcript for this episode?
Podcast: Jim And Bill Podcast "It's Another Day"
Episode: It's Another Day-Episode 308-Is the banking industry about to collapse-are we on the verge of another depression-is this administration capable of 'righting the ship' - we talk about it
Description: Welcome to a new week and the Monday edition of “It's Another Day”. The sixth largest bank in the nation failed on Friday. Silicon Valley Banks' collapse was the second-largest bank failure in history. Now investors everywhere are nervous. Will we see a run on the banks like we had in 1929? There were long lines at banks last Friday. Has the weekend calmed things or simply delayed the inevitable? Is the banking industry about to implode? Are we on the verge of another depression? Is this administration capable of 'righting the ship' or is Joe Biden this generation's Herbert Hoover...