EPISODE 418: SILICON VALLEY MELTDOWN - US BANKING SYSTEM DOWNGRADED TO NEGATIVE ON BANK RUN FEARS
On today’s edition of Human Events Daily with Jack Posobiec, Glenn Jacobs, Mayor of Knox County and WWE Hall of Famer, joins to discuss the recent banking collapse of Silicon Valley Bank and the wider implications for Americans and the economy. The duo discuss the US banking system being downgraded to negative following a Moody's report, the importance of price signals, and whether this is a backstop or bailout situation. The discussion delves into the potential implications of the collapse for the wider banking system and the economy, as well as the role of government intervention in such situations. All this and more on today's episode of Human Events Daily!
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