Financial Landscape: Alerts and Innovations

The US faces various financial challenges, with indicators hinting at a potential crisis, prompting discussions on bail-ins and bailouts. Anat Admati advocates for banking reform to prevent future bank bailouts, emphasizing the impact of capital requirements and competition with private lenders. Bitcoin emerges as a potential financial standard during crises, offering financial independence and a hedge against inflation. Meanwhile, concerns arise over the weaponization of crude oil in the Middle East and its potential to trigger a global financial shock.