In the second part of this week’s podcast, Charles Calomiris, professor at Columbia University and co-author of Fragile by Design, explains why some countries have established stable banking systems while others often suffer banking crises. Is this due to differences in design or are there other factors involved? Tune into this week’s show to find out.


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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel.