The failure of Silicon Valley Bank has a lot of investors and consumers worried. Well, you should be worried. Bank failures can lead to serious problems in the economic system and cause lending to dry up for small businesses and consumers around the globe.
Also, with the federal reserve increasing interest rates, depositers have little incentive to put their money in the bank.
We have nothing to fear but fear itself. Fear is in the room right now.
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LEARN MORE ABOUT: Bank Failures
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Yes, Bank Failures Are a Very Serious Problem Bank failures have become a recurring problem in the financial world that cannot be taken lightly. These failures have severe consequences not only for the institutions themselves but also
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