Living Free in Tennessee - Nicole Sauce cover image

Episode 712 - The Real Dirt on Banks with John Pugliano and John Willis

Living Free in Tennessee - Nicole Sauce

00:00

What's Happening in Silicon Valley?

The SBB Silicon Valley bank is one that went into receivership last week. Investors are pulling their money out of banking accounts because they're not getting paid any interest, right? So now all the money that they had either for their bill in our clientele or for these startup companies is drying up and the valuations are going down on. And at the same time, this is a biggie and it's hitting everybody, all the banks,. No one's talking about the pension funds and the insurance companies, which is even more. That'll be the crisis to sure next week.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app