Global markets in turmoil as SVB Financial’s sudden collapse leaves billions stranded

The sudden collapse of the business has disrupted global markets and left billions of dollars stranded.

The shutdown has had major implications for a number of cryptocurrencies, whose value has plummeted as a result.

Easy fix, let the taxpayer bail them out as this is how communism works.

Banks do stupid stuff, they should fall. Governments can't prop them up like in 2008. Savings accounts for normal investors should be recovered from shareholders.

Hi risk, times are tough, is anyone surprised. Sillycon.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silicon Valley Bank shut by US regulatorBanking regulators take over and close Silicon Valley Bank in the biggest US bank failure since the global financial crisis. More to come.
Source: abcnews - 🏆 5. / 83 Read more »