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Behind the Silicon Valley Bank and Signature Bank Failures
2 years ago
1.37K
WATCH THE FULL LIVE: https://ept.ms/BankRunYT
A big issue behind the bank crisis we are seeing is a legal roundabout called fractional reserve banking, where through bank lending, the borrower and the depositor become owners of the same money. Not only that, we're seeing ESG playing a big role in why Silicon Valley Bank crashed as well.
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