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Silicon Valley Bank Crumbles! Becomes Second Largest Bank Failure in the History of the US

Silicon Valley Bank has collapsed. This is the second largest bank failure in US history and the largest since 2008. This was the immediate result of a bank run in which $42 Billion of deposits was withdrawn in one day. Full analysis here: #SIBV #SVB #SiliconValleyBank #Shorts... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing On October 29, 2021, Silicon Valley Bank (SVB), one of the largest and most well-known financial institutions in Silicon Valley, announced that it was filing for bankruptcy. This news came as a shock to many, as SVB had been regarded as a stable and trustworthy bank for many years. However, it appears that the bank had been hit hard by recent economic challenges, such as rising interest rates and a slowdown in the tech industry. SVB, which was founded in 1983, had become a major player in the bankin