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3min chapter
How the Coming Credit Crunch Could Harm the Economy and Real Estate Prices
Money For the Rest of Us
Introduction
The collapse of Silicon Valley Bank was the second biggest bank failure in US history. In one day, on March 9, 2023, 24% of the bank's deposits were withdrawn. The Federal Reserve and FDIC announced that they would make a systemic risk exception to protect all depositors.
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Listen to the best highlights from the podcasts you love and dive into the full episode