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The Five Stages of Bank Failure Grief

Audio Mises Wire

Tags Cronyism and CorporatismThe FedMoney and BanksU.S. Economy

06/04/2023Doug French
Narrator: 
Millian Quinteros

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger.

Original Article: "The Five Stages of Bank Failure Grief"

 

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Doug French

Douglas French is President Emeritus of the Mises Institute, author of Early Speculative Bubbles & Increases in the Money Supply, and author of Walk Away: The Rise and Fall of the Home-Ownership Myth. He received his master's degree in economics from UNLV, studying under both Professor Murray Rothbard and Professor Hans-Hermann Hoppe.

Creative Commons Licence
 
Original Article: 
The Five Stages of Bank Failure Grief