Part 1/13:
Is a 2008-Style Banking Bailout on the Horizon? A Deep Dive into Today’s Financial Risks
The specter of another financial crisis akin to 2008 looms large as the global economy faces mounting pressures and questionable policy shifts. Recent developments suggest that this time, the burden may fall not on taxpayers or the government directly, but on private banks, which could end up serving as the new backstop for the federal government. This paradigm shift is driven by a combination of soaring national debt, declining confidence in US debt securities, and relaxing banking regulations.