Strategic Wealth Partners CEO Mark Tepper and Fox News contributor Richard Fowler weigh in on the ‘meltdown’ leading up to the collapse of Silicon Valley Bank and Signature Bank on ‘WSJ at Large.’
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LEARN MORE ABOUT: Bank Failures
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The economic consequences of U.S. bank failures can be far-reaching and significant. When a bank fails, it can trigger a chain reaction that affects both the local and national economy.
One of the most immediate consequences of a bank failure is the loss of deposits. Customers who have deposited their money in a failed bank may not be able to get all of their money back, which can lead to a crisis of confidence in the banking system. This can cause a run on other banks, as customers rush to withdraw their money and move it to safer institutions. This can then lead to a liquidity crisis for the affected banks, as they struggle to meet the sudden demand for cash.
Another consequence of bank failures is the loss of credit to businesses and individuals. Banks are the main source of credit in the economy, and when they fail, it can become much harder for businesses and individuals to borrow money. This can lead to a contraction in economic activity, as businesses are unable to expand or invest, and consumers are forced to cut back on spending.
Bank failures can also have a ripple effect on other financial institutions. When a bank fails, it can trigger losses for other banks and financial institutions that are connected to it through loans, investments, or other financial arrangements. This can create a domino effect that spreads throughout the financial system, potentially leading to a broader financial crisis.
The government often steps in to try and mitigate the consequences of bank failures. The Federal Deposit Insurance Corporation (FDIC) is responsible for insuring deposits in banks and can help restore customers’ confidence in the banking system. The government may also provide financial assistance to help stabilize struggling banks and prevent them from failing.
Overall, the economic consequences of U.S. bank failures can be significant, affecting not only the financial sector but also the broader economy. These consequences highlight the importance of a robust regulatory framework to prevent and manage financial crises.
If they forces digital currency they can control how people spend
They are making this happen so they can force digital currency
Biden and the WEF are forcing this to happen
Top Marxist meets with the top post Marxist, imperialist, sadist, pervert mass children murderer. Who is teaching who???
America had a booming economy because of the war. The war is over and ( thank God ) and our pessimism can lead to a low economic structure. Please be optimistic and look for the good of this economy and stop harping on the bad. That can help devastate it. There is a lot of good about our economy, look for it.
Just invest in precious metals I have videos on my channel about it!
I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
It was a bailout of Democrat donor accounts
Abisotodoclsicomundialjopllibadusetedchirilebronwormaneztyler
Rats jumping the ship no good
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
PROOF OF MONEY BEFORE PEOPLE. CORRUPT GOVERNMENT DESTROYING AMERICA. CLOSE THE BORDER.
Exactly what the Left wants ! They are intentionally destroying this Country and when the economy goes down, It All goes Down!
We should all go to svb and get a good faith seed investment for companies we don't have. Joe got one from China, why can't we get one from one of his banks.
Just look at it like this in a sense…In another thousand years there's in a sense gonna be another you yet no one to save y'all mfs from ☄️ WTF y'all mfs gonna do?!
If y'all mfs weren't so busy fn a mf for a career maybe y'all stupid Fs could save mfs lives and the species from ☄️ but maybe that's just me
USA biden destroyed the worlds economy & most of its citizens homes, small business & livelihoods ! USA is insolvent, mentally ill bankrupt. dysfunctional !
Y'all mfs know more about how to F a mf then save a mf or y'allselves for that matter
the usa has been broke for many years! borrowing cash from other nations/countries period. other countries have been land leasing from the usa for years and growing.
I don't or won't understand how all y'all mfs gettin paid a fortune and can't even save y'allselves or a mf from ☄️ but I got the whole fn solution and I'm the only mf not gettin paid here… college, position, title, or etc or not "equal opportunity" lying mfs
The bailout is a criminal act…….
JO BIDEN SMOKING CROCK COCAIN WITH HIS SON HUNTER Biden smoking crock cocain
The problem with Silicon Valley Bank being woke is the same problem with everything else being woke. Woke people discriminate against competency. The leftists, a long time ago when they were liberals, used to say "a mind is a terrible thing to waste". The phrase made sense. It meant if you don't judge people on the basis of ability and merit and instead judge them on superficial characteristics like skin color or race or culture, then you're wasting human resources and you're not employing the best people. Today's woke people, who are ultra-conservative leftists and are not liberal, have turned that around. Now they hire people solely on the basis of superficial characteristics like race or sexual preference or fealty to an ideology. That's why we have a senile President and incompetent people in charge of every other institution in America, and it's why America is collapsing. The banking industry is just one of those institutions. Get woke, go broke. Silicon Valley Bank went woke. They hired incompetent people. Now they're broke.
Government spending our money. While the American people are starting!!!!
Bad
Broke