In this video, I'm talking about the recent string of bank failures in the U.S and what they mean for Europe. Specifically, I delve into the detail behind the collapse of Silicon Valley Bank and explain what happened. I take a holistic view of U.S banking regulations in order to determine how this collapse was allowed to happen. I then talk about the European banking system and the extent to which it is exposed to the failures of the U.S. I also explain why the market's response to the Credit Suisse situation was an overreaction. Finally, I conclude by talking about deposit insurance and challenge the notion that bank bailouts are sustainable. Intro 0:00 The SVB Situation 1:23 U.S Banking Regulations 8:44 How SVB Affects Europe 14:05 The Credit Suisse Situation 17:26 Deposit Insurance 19:54 Closing Thoughts 22:10 Start Investing Today 📈 ► Try out DEGIRO*: ► Try out Trade Republic*: ► Try out Trading 212*: Stay Informed Like Me 💡 ► Seeking Alpha*: Playlists
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)