Silicon Valley Bank: the sequel to Lehman Brothers!?
“After the recent collapse of the Silicon Valley Bank, the alarm went off on the stock exchanges, justified by the biggest bankruptcy since the days of Lehman Brothers; there are fears for the stability of the banking system crushed by the exponential increase in interest rates and by the fear of depositors of seeing their investments burnt. This video made by the GodSaveTheVintage channel traces the story of Joseph Cassano, responsible not only for the financial sector of AIG but also for the bursting of the subprime mortgage bubble, patient zero of the crisis we are still suffering today, supported by a system that from the creative destruction of the market arbitrarily snatches the fate of the real economy, and therefore of entire peoples. Knowing these characters and these stories is of vital importance to understand the present without getting lost behind conspiracies good only to disqualify any form of anti-government dissent. Good vision
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The article Silicon Valley Bank: the sequel to Lehman Brothers!? comes from Economic Scenarios .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/silicon-valley-bank-il-sequel-della-lehman-brothers/ on Tue, 14 Mar 2023 08:00:09 +0000.