5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP539: The Banking Crisis Explained w/ Shawn O'Malley

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Magnitude of Bank Failures in Just Five Days

Silvergate, Silicon Valley Bank and signatures went under in just five days. When three banks fail, investors go into panic mode, they sort of throw the baby out with the bathwater. The problem is that structurally all banks face the same issue to varying degrees from a decade of near zero interest rates.

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