Silicon Valley Bank Failure and Banking Crisis - Here We Go! | David Coleman Daily Thoughts #29

Silicon Valley Bank, along with quite a few regional banks across the US have failed or are in the process of a serious liquidity crunch. The FDIC has stepped in to take SVB into receivership - liquidating it's assets to reimburse investors and some depositors. The FDIC in a WILD move has guaranteed deposits for all customers of SVB - at the cost of raising FDIC fees across the country. Bailout in disguise!

I have lived an interesting 27 years - filled with a lot of different career choices. From Social Media Marketing and Web Design to CNC Machining and Truck Building - I have done it all! I'm going to try and share my experiences and some of the things I've learned along the way.

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