silicon valley bank and signature bank. president biden trying to convince americans that the system really is safe but the big question is, how much of this is about how much people even know about something, understand or maybe they feel about what is happening. how does psychology play into a bank run and how can we all be sure that our money is really safe? plus, do you know who is using facial recognition on you may be right now? no we re not doing it right now everyone. rest assured, but it could be happened more than you even realize. way to tell you who s using it and why. and this probably sounds like a joke what i m gonna tell you. but really it is deadly serious. nick a government report said that some crash test dummies may not represent and i m quoting here diverse groups of people. how could that have a real impact on your safety? well, it s not what you might think. we re gonna talk more about that. here with me her economic expert run up the ruaha. karen finne
the u.s. economy, which used to be the envy of the world is in the most serious trouble since the great depression. inflation is rising, standard of living is declining. tremendous inflation and not much growth. the country was not in a great depression but the united states is in the dumps. wall street was cold, gray, wet, and miserable. there was no comfort to be found outside for investors there was not much inside. the tickers carried almost nothing but bad news. we would have a terrible decade for investing. people were skeptical of the stock market. it was a sleepy wall street. most economists expect a serious recession with at least 2 million more americans losing their jobs. regret to say we are in the worst economic mess since the great depression. from the first moment of his presidency, president reagan let him know that his top priority is the nation s economy. i put a freeze on pending regulations of the task force under vice president bush to revie