Sign up to save your podcasts
Or
Share "Where *is* my money?" On the brittleness of the financial system (mrmcd25)
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
"Where *is* my money?" On the brittleness of the financial system (mrmcd25)
Sneakily shoveling money around is something that we've grown accustomed to seeing financial companies do in this capitalistic hellscape. This is however something we, as the public, have almost zero visibility on.
Would it surprise you to hear that, in a lot of cases, your money is located in a house of cards?
Join us in pondering and answering the questions of "just how fucked is the financial system, actually?","what could possibly go wrong?", "how does the 100'000 EUR insurance in case of a bank failure work?", and "wait, how much does the administration actually know at any given time?"
This talk will address issues within the financial system, the participating banks and companies, their proponents, the (hellish) web of dependencies therein, and the oversight (or lack thereof) that they are subject to.
It will sprinkle in throughout some mildly concerning - to the average creature - information on regulations, standards, insurance, licensing, operating requirements, as well as strategies used by companies to skirt around (already very loosely written) regulations.
https://creativecommons.org/licenses/by-sa/4.0/
about this event: https://talks.mrmcd.net/2025/talk/WBBMXR/
View all episodes
Sneakily shoveling money around is something that we've grown accustomed to seeing financial companies do in this capitalistic hellscape. This is however something we, as the public, have almost zero visibility on.
Would it surprise you to hear that, in a lot of cases, your money is located in a house of cards?
Join us in pondering and answering the questions of "just how fucked is the financial system, actually?","what could possibly go wrong?", "how does the 100'000 EUR insurance in case of a bank failure work?", and "wait, how much does the administration actually know at any given time?"
This talk will address issues within the financial system, the participating banks and companies, their proponents, the (hellish) web of dependencies therein, and the oversight (or lack thereof) that they are subject to.
It will sprinkle in throughout some mildly concerning - to the average creature - information on regulations, standards, insurance, licensing, operating requirements, as well as strategies used by companies to skirt around (already very loosely written) regulations.
https://creativecommons.org/licenses/by-sa/4.0/
about this event: https://talks.mrmcd.net/2025/talk/WBBMXR/