Thursday, Mar 23, 2023
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Is SVB's collapse the new Lehman moment? -Facts Tell

CGTN, 18 Mar 2023
The downfall of SVB has sent global financial markets into a tailspin. Not only have the blockchain banking giants Silvergate and Signature Bank been shuttered, but the shares of Credit Suisse have also tanked, forcing it to borrow up to $54 billion from the Swiss central bank. So, is SVB's collapse the new Lehman moment? How can we avoid a repeat of 2008? Let's discuss it in the latest episode of Facts Tell.

00:00 Intro
00:41 Hack 1: Don't buy too many U.S. government bonds
02:06 Hack 2: People need to do their job
04:54 Hack 3: Don't start conflicts in other countries
07:14 Outro

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