Not Your Average Financial Podcast™

Not Your Average Financial Podcast™


Episode 306: How to Turn Financial Turmoil into Your Opportunity

July 14, 2023

In this episode, we ask:


  • Would you like to watch selected clips from us on YouTube?
  • What is happening with the banks and the FDIC?
  • What about non-bank banks?
  • How much uninsured assets are held in these non-bank banks?
  • Have you read David Graeber’s book, Debt: The First 5000 Years?
  • How much wealth has debt created?
  • Who is positioned to profit?
  • Who is gobbling up the little banks?
  • What is the exact issue?
  • What about fractional reserve banking?
  • Are we encouraged to speculate?
  • Who is ready to opt out of this madness?
  • What is the business of banking?
  • What is the business of life insurance companies?
  • How are the time horizons different?
  • How are the reserves on hand different?
  • What is the worst thing to happen to a banker?
  • What is the best thing to happen to an insurer?
  • Are you a year older?
  • Will you take that deal?
  • What are the insurers obligated to do?
  • Where will you park your savings?
  • What is contributing to the problem?
  • What if fractional reserve banking evaporated?
  • What would make the financial system more stable?
  • What about private lending?
  • What about dreaming of what the world could look like?
  • What could reduce stress?
  • What about the mortgage industry?
  • What would lead to more responsible lending practices?
  • Who needs an auto loan anyway?
  • What other benefits could surface?
  • Who is opting out?
  • How do Bank on Yourself® type whole life insurance policies reduce stress?
  • What about an example?
  • What about overdraft fees?
  • What about bridge loans?
  • Do you have to wait?
  • Can you choose to opt out?
  • Would you like to meet with Mark to discuss your specific situation?