20VC: First Republic; Management Responsibility or Result of Contagion in the System, The Future of Regional Banks, Will Interest Rates Go Higher | Net Zero, Where Are We? The Best and the Worst Actors with Mark Carney, Former Governor of The Bank of Engl
This podcast episode discusses a wide range of topics, including the financial markets, the banking system, climate change, and Mark Carney's perspectives on various issues. Carney argues that the DeFi market is currently in the mania phase and is likely to experience a crash in the near future, but also emphasizes the importance of identifying underlying value after a crash. He stresses the need for prudent risk management, particularly in the banking system, and discusses China's role in the fight against climate change, acknowledging both the country's challenges and its potential for leadership in this area. Carney also shares his perspectives on politics, emphasizing his commitment to tackling climate change outside of formal political roles.