
Pakistonomy - Episode 149 - Is the US on the brink of another financial crisis?
Pakistonomy
00:00
The Impact of Social Media on the SDB Bank
Social media was driving a lot of it is exactly what you mentioned. There's a small group of people that had large sums of money in these banks and they all talk to each other. And they said, you know what, this doesn't look right. We need to get out. The speed of that deposit outflow along with the lack of their, the bank's ability to get funding and liquidity in short order. Those two things really were always been there.
Transcript
Play full episode