Two US Banks Just Failed – What Happened, and What Now?

Means for the broader Economy/Financial System

Patrick Boyle’s video on Silvergate:

• Bank Runs! What’s…

Let’s talk about the recent bank runs that ultimately caused Silicon Valley Bank (SVB) and Silvergate to collapse, and what it means for the broader economy/financial system.

DISCLAIMER: Richard does not hold a position in any of the companies mentioned in this video. This channel is for education purposes only and does not constitute financial advice – Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
 
Credit to : The Plain Bagel