Just three months ago, Silicon Valley Bank (SLV) was the 16th-largest commercial bank in the United States, today it no longer exists. In this video we go over everything you need to know about the situation as it is unfolding, providing the context, recent bank failures, next potential failures, government intervention, and what do about it.
Timestamps: 0:00 Intro 1:20 Recent Bank Failures Context 4:45 Silicon Valley Bank & Silvergate Insolvency 6:45 Next Potential Failures & Govt Intervention 8:00 What to do? 9:03 Death of Silicon Valley Article 10:45 David Sacks Tweets 11:45 Macro Compass - Banking Crisis? 15:14 Zero Hedge Articles 16:10 Outro