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URGENT ALERT: Silicon Valley Bank Failure Impact on Stackers - Bearly Bullish Episode 012
BANK FAILURES! Unless you've been living under a rock this past week, you'll have seen the news of the failure of Silicon Valley Bank...and it now looks like Credit Suisse is about to fail too! We go over EXACTLY why the banks are failing now and what it means for your stack. Join us as we do a level by level deep dive into that craziness that's going on today!
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Topics Discussed: bank failure, bank run, silicon valley bank, bailout, bail-in, FDIC, inflation, deflation, bank runs, depositors, deposit loss, federal deposit insurance corporation, $250,000, deposit limits, cronyism, roku, roblox, Neil McCoy Ward, Peter Schiff, Yankee Stacking, be your own bank, central bank, federal reserve, US treasuries, US bonds, bond default, bond losses, bond devaluation, mark to market, hold till maturity, hold until maturity, bank losses, systemic bank failure, insolvency, central banks, gold, tier 1 asset, Basel III, lose money, will I lose money, are banks safe, bank safety
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