Collapse of Silicon Valley Bank.

[isha]

I don't know much about economics or banking or high finance, but this seems, at first glance anyway, to be somewhat significant.

Ireland has a 100 million investment, which is not that much compared to our other debts. Sweden has its fourth largest pension fund there.
There are rumours that people like Oprah may lose a lot.
Peter Thiel withdrew his funds and it seems to have precipitated this biggest bank fail since everyone was doing it in 2008.

What say ye experts?


https://www.irishexaminer.com/business/ ... 90518.html

[8760976543]

Dunno if you follow Linus Tech Tips but they were discussing SVB on their WAN show and then he suddenly realizes it could impact them. Quite funny.

https://youtube.com/clip/UgkxiGr7gOmeL1 ... FwdV4vySgy