BANK RUNS – Credit Suisse Needs $54 Billion BAILOUT to Avoid Collapse as Cash Crisis Hit Europe

Latest bank to be hit by the current Banking Crisis

Credit Suisse has become the latest bank to be hit by the current Banking Crisis and has been forced to seek a $54 Billion Bailout from the Swiss Authorities. This Crisis comes within days of the Collapse of SILICON VALLEY BANK, Signature Bank and the Liquidation of Silvergate Bank. In this video I look at the Credit Suisse BAILOUT and discuss the implications for the Global Economy.
 
Credit to : Joe Bloggs