Bank Solvency Crisis of 2023 and Your Business - Nick Gausling

As a business owner or executive, you need to understand how bank solvency issues can directly impact your business operations. You also need to understand how your business can prepare for a potential bank solvency crisis.Show more

Join Fractional COO and Specialty Retail Advisor Nick Gausling in this video as we cover:

0:00 The 2023 Collapse of Silicon Valley Bank (SVB)
0:39 How Fractional Reserve Banking Impacts Your Business
2:39 Bank Runs and Capital Controls During a Bank Solvency Crisis
3:32 Protecting Your Business Cash with FDIC Insurance
4:29 What About Being Your Own Bank with Cryptocurrency?
5:30 Offshore Banking for Businesses
7:37 Summing Up and Other Resources

📖 Read the full article at https://www.nickgausling.com/2023/03/13/silicon-valley-bank-meltdown/
🌎 Learn more at https://www.nickgausling.com/
📰 Subscribe to Customers, Costs, and Cash Flow at https://nickgausling.substack.com/subscribe