Breaking Down the Hidden Dangers in Global Finance
A conversation that will shift your perspective on market vulnerabilities and the vital need for proactive risk management.
Hi everyone,
Thanks so much for your patience waiting for the CRE piece I promised following on the heels of reflections around the anniversary of the Silicon Valley Bank’s demise. A last-minute business trip to DC last week delayed it. However, I am happy that I packed a bunch of antihistamines so that I could see the cherry blossoms up close in a climate-changed induced early peak weekend and mourn the coming demise of the iconic cherry tree, Stumpy.
But CRE gray rhino insights are on their way to you very soon. Like my thoughts on banks, there was so much to say that it will be a two-fer, coming next week.
In the meantime, to tide you over I wanted to share a fun interview I did recently with Dan Weiskopf and David Dziekanski of ETF Think Tank touching on some of these subjects, as well as AI (more coming soon on that too): Breaking Down the Hidden Dangers in Global Finance.
The podcast producers did a great job pulling out some shorts on various topics we explored:
Redefining Capital and Labor in an AI Age
Taxing the Super Wealthy -Finding the Goldilocks Point for Economic Growth
Impact of US-China Relations on Global Stability and Cooperation
The Evolving Real Estate Challenge
For the full interview watch below:
Unlock the mysteries of the financial world with Dan Weiskopf and David Dziekanski, as we navigate the treacherous terrain of ignored risks alongside Michele Wucker, the mind behind the concept of 'gray rhinos.' Together, we dissect the cognitive blind spots that allow massive threats to charge at us, unnoticed. Dive into the ramifications of financial turmoil through historical cases like Argentina and Greece, and challenge the often-misplaced reliance on 'black swan' events. This dialogue promises to shift your perspective on market vulnerabilities and the vital need for proactive risk management.
Reflecting on Silicon Valley Bank's fall from grace, our conversation marks its first anniversary with a critical eye on the systemic oversights that spelled its doom. The 'gray rhino' that trampled SVB reminds us of the lurking dangers across sectors, from China's financial system to commercial real estate pitfalls. We address the impact on community banks and suggest innovative solutions such as adaptive reuse to strengthen economic resilience.
And as Washington's pulse grows faint, our discussion turns to the urgent call for bipartisan reform and fiscal responsibility—thinking critically about tax cuts, AI's influence on the economy, and the importance of equitable taxation. Finally, we navigate tax policy's role in economic innovation, considering how capital gains taxes can be fine-tuned to support real economic growth over speculative investments.
We also explore the Boston Impact Initiative's unique model and the broader implications of think tank contributions to policy-making.
Shifting gears, we assess global risks that threaten our stability, from financial fragilities to climate change, and the ethical conundrums of AI.
And for a moment of respite, we delve into the world of sleep hygiene and digital detoxing, celebrating the efforts of a young advocate from Bangalore to tackle digital addiction head-on. Join us for a journey through the hidden perils and potential solutions in our complex world.
Click here for more episodes from Get Think Tanked.
See you next week!