Christopher Scott Show

On this episode of the Christopher Scott Show, we dive into a range of diverse topics that are currently affecting our society.First, recent bank collapse and the scandal surrounding the Silicon Valley Bank's off-book deals. This is normal practice but notes that the bank's requirement for VC firms to deposit and bank with them is not standard practice. The banks used these accounts, which were funded by risky venture capitalist money, to write large revolving lines and legitimize businesses. This has led to fears of a repeat of the financial crisis of 2008, and the host predicts that the Federal Reserve will bail out the banks, but this will come at the cost of future inflation.Moving on to the situation in Ukraine, it seems China has taken over where the US has failed, and this has led to the lesser of three evils but it won't end well in the long term.Water scarcity, particularly in California, where much-needed rain has fallen. However, the green scam continues, and the cost of drinking water will likely