U.S.'s Furman Sees Financial System Strength, Resilience

The video discusses the current situation with Deutsche Bank in Germany and its potential impact on the US economy. It highlights the resilience of the US financial system, the importance of a strong financial system for economic growth, and the potential risks from European financial instability. The discussion also covers the profitability of banks and its implications for economic growth, emphasizing the changes made since the 2008 financial crisis to ensure a more stable and rational financial system.

What are the potential risks to the U.S. economy stemming from European bank stocks?

In what ways has the U.S. banking system improved since the 2008 financial crisis?