Chatter #358 – Dr Susanne Trimbath: A Decade of Armageddon!

Dr Susanne Trimbath returns for a record 4th time on the podcast to discuss he new book, A Decade of Armageddon!

Dr. Susanne Trimbath spent a decade documenting the insanity of the 2008 crash and how the government and Federal Reserve responded. 

The articles she wrote have now been collated into the book A Decade of Armageddon, a tale of waste, regulatory collapse, and obscene amounts of money. 

Some of the stories will make your blood boil.

https://spiramus.com/armageddon-in-a-decade

00:00 Book chronicling the 2008 financial crash aftermath.

04:34 AIG overspending and lack of oversight.

07:53 Limiting guardrails aim to prevent bailouts.

11:53 Fed and treasury broke rules for bailouts.

13:38 Government picking winners and losers in markets.

19:29 Government oversight lacking in financial and aviation industries.

21:05 Encourages learning from mistakes in medical industry.

25:45 Experts lack understanding, causing global financial chaos.

27:54 Ensure staff understand code, risks, rewards; balance.

31:24 Market discipline or government ownership, not both.

36:16 Financial institutions must prioritize risk management.

39:57 Comparing costs of political advertising in Iowa.

43:03 Pre-order the real GameStop story now!

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