Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. In this discussion with Geopolitical Economy Report editor Ben Norton, Hudson also addresses the US government bailout (which it isn’t calling a bailout), the role of the Federal Reserve and Treasury, the factor of cryptocurrency, and the danger of derivatives. https://www.youtube.com/watch?v=uvm9qrXhqf8 Podcast https://soundcloud.com/geopoliticaleconomy/banks-collapsed-economist-michael-hudson?si=1aa9bf7793654f4fbb516d2daa00ffa2&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing Transcript BEN NORTON: Hi everyone, I’m Ben Norton. I have the pleasure of being joined by someone I think is one of the most important economists in the world, Michael Hudson. And I should say that we should wish Professor Hudson a happy birthday. Today is March 14th. It’s his birthday, and he turns eighty-four today. How do you feel Michael? MICHAEL HUDSON: Just like I feel every other day. I usually feel ...