Bank Failure / Chomsky

Bank Failure / Chomsky

The Minneapolis Fed President Neel Kashkari stated the possibility of another major bank failure like the 2008 one having a probability of approximately 70% of happening in the next century.
Discuss Kashkari’s statement while addressing Chomsky’s ten principles and how regulation, which had been a safeguard for decades slowly was weakened by the group of people Chomsky discussed extensively. Give your opinion on Kashkari’s probability and time frame