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Larry Summers breaks down the banking crisis
GZERO World with Ian Bremmer
The Banking Crisis
A Silicon Valley bank and signature bank have failed. CNN's John Defterios says there are multiple causes for their failure. He says the banks that were subject to being moved around, invested their money in assets that went way down. And all of that came together to cause mass withdrawals, he says.Defterios: " mob bank run psychology took over at these banks"
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