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🔴 SVB Takes Banking Services Offline: Bank Run Triggered! | The Mike & Mario Show
The problems at Silicon Valley Bank are getting even worse. There are customers trying to withdraw millions of dollars who are unable to do so. There have been reports of customers unable to access their accounts online or via mobile devices. Shares are down 65% from their all-time high. Failure of this bank would be the second largest in US history.
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
#SVBFinancial #SiliconValleyBank #banking #stockmarket #FDIC #investing #startupfunding #interestrates #capitalraise #venturecapital #WallStreet #bearmarkets #recessions #stockmarketcrashes #bankrun #SilvergateCapital #contagion #MichaelBurry #MohamedElErian #ScottMelker
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