Marginal Advice
Marginal Advice
Jordan M, Alex G
Tech's Largest Banks Just Collapsed, and You Should be Fine | Marginal Advice Podcast Ep. 12
1 hour 3 minutes Posted Mar 14, 2023 at 2:25 am.
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Show notes

It's been an eventful half a week for the banks. Don't start a bank run.

You've likely heard the talk about "The Second Biggest Bank Failure in History." While this is true, it's not as alarming as it sounds. Not only are more safeguards in place than in 2008, but the situation is a bit different. We go into why Silvergate and Silicon Valley Bank (SVB) collapsed, how FTX and Sam Bankman-Fried are somehow connected to this too, and what you should do in response (spoiler: not much; you're good).