The Banking Crisis Explained... Why Banks Are Collapsing!

Ok so today we’re talking about the banking crisis! More specifically what happened to Silicon Valley Bank to cause SVB to collapse and what happened to Credit Suisse to cause UBS to buy them for just $3.25B in an attempt to settle financial markets and give confidence to the banking system. It’s been a super interesting and eye opening couple of weeks, which have resulted in flashbacks to the 2008 financial crisis and questions around whether a financial crisis 2023 is just around the corner.

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Will The Banking Crisis Lead To Something Worse?
00:00 Banking Crisis
00:44 What Happened to SVB?
05:54 Credit Suisse Collapse
10:27 Are UK Banks Safe?
11:30 Cryptocurrency Surge
12:13 Like & Subscribe

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#BankingCrisis #CreditSuisse #SiliconValleyBank

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*Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility. The views shared in this video are just for entertainment purposes only. When investing, your capital is at risk and can go up in value as well as down in value. You should consult a suitably qualified professional when seeking out investment advice in order to fully understand the risks associated with investing.*

Видео The Banking Crisis Explained... Why Banks Are Collapsing! канала Mitch Investing