US Banking Crisis : Another 2008?

In this episode we dive into the US banking crisis that started with the fall of Silicon Valley Bank last weekend. With the collapse of Signature, Silvergate, and now Credit Suisse as well, experts are getting worried about potential ripple effects not just in the US, but across the worldwide financial industry. We discuss the factors that led to this crisis, including high interest rates, weak internal controls, and exposure to high-risk industries like cryptocurrency and Peter Thiel. Was last weekend's venture capital bailout the right thing to do? Hard to say. It certainly wasn't just, but it might have been necessary. Is this 2008 all over again? Or has the Dodd-Frank legislation and the Federal Reserve done enough to keep things stable? Nobody knows. But this episode is a good place to start gaining an understanding of these questions.