Glenn explains: THIS is how Silicon Valley Bank COLLAPSED

Silicon Valley Bank was shut down by regulators last week, marking the biggest bank failure since the 2008 collapse. So what happened? And what does this mean for YOUR finances? In this clip, Glenn explains exactly how SVG collapsed, why the Fed is to blame, and why working with a FDIC insured institution is IMPERATIVE.

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[Retiredjournalist]

One of the most effective quotes ever "Don't listen to what they say...watch what they do"...

[teresaroubal]

It’s ironic that in 2008 I heard you talk on the radio about the last collapse and it’s because of you that I worked my way out of debt and stopped trusting the government.. So thank you

[jasonkraatz]

Isn’t this “bailout” a crime being committed right before our eyes? It’s sickening.

[Lduymo]

They keep hiring the same people in banks, government that were in the last time! Education is taught by these same folks! Deregulation won’t be discussed. Same folks

[Luckyraindrops]

From now on, watch the movements of the big executives if they start dumping their own stocks. Chances are, they’re bank is probably collapsing soon.

[theresamcginn]

I absolutely love the way you break things down to make them understandable to the average person on the street! Keep telling us the truth, Glenn. We need to know.

[willskol]

The Fed will have to Print a lot of money to try to Save the banks. Inflation will be huge.

[juliepalmer]

Glen, thank you for your commitment to truth and exposing LIES. 💕
"Work on your spiritual strength.'
Valuable admonition.

[mattseguin]

It's amazing to see the resilience of Bitcoin, even amidst the chaos caused by the recent shutdown of Silicon Valley Bank. Despite the impact on the financial sector and the crypto market, BTC seems to have emerged unscathed and is once again being hailed as a safe haven asset. This is a testament to the value and potential of this relatively new asset class. There hasn’t been a more better time to start trading, thanks to Florence Osborn strategy I have been able amass 29 BTC in three weeks of trading. Her expertise and knowledge of the Bitcoin market are unparalleled and I feel incredibly lucky to have found her.

[johnnewman]

Ban the Federal Reserve and Central Banks.

[NoMoreTears]

I'm not stupid but really this is all beyond my education and I would think it is true for many Americans. All I know how to do is manage and balance my checking account and stay out of debt. I STILL don't quite understand this financial stuff, but MY take away from what I am hearing, is to keep my few dollars in the palm of my hand until I have to purchase something. I don't trust The government, The banks, OR the Healthcare system.

[MKHNitro]

Why didn't you mention the senior people in SVB removing $42 billion last Wednesday and Thursday when they knew it was all over

[dianac]

I appreciate this sort of thing being explained in a way that anyone can understand it. This is the first channel that’s done this. Thank you!

[tootiewright]

I guess I’m blessed that I’m poor…. I don’t have any extra to invest to be worried about…. 64 yo grandmother…. Jesus takes such good care of me🙏🏻

[marcopolo]

It's like Lehman brothers and bear sterns all over again. I feel we are living in Groundhog Day and are going to relive 2008 again

[chikyuskincare]

In order for CDBC to be implemented, they have to consolidate banks. Hence why HSBC acquired Silicon Valley Bank. This is only the beginning of what is to come.

[robg]

All this mismanagement of resources in OUR Country...A whole bunch of politicians are / have been sooo irresponsible. FIRE THEM ALL!!!

[lenniebrowning]

The same people who were in charge in 2008 are in charge now. You would think someone would think about that!

[fredearl]

This is where stakeholders (esg) had priority over daily operations. All the leadership of these banks will lose their jobs, but will end up somewhere else in the same positions somewhere else or even worse in our government bureaucracy.

[mymusic]

Enron comes to mind. I had a bad premonition last year. I am a widow, but I took the chance and pulled the money out of my Husbands 401k and paid my house off. Too many greedy people running this Country and other Institutions. Evil! I wonder why people are not smart enough to see where all of this is going. Since 2020 and the Regime and not one person is held accountable it is a sad situation. That people trust these Asshats (I am being polite) is beyond me. Pinky and the Brain comes to mind and you must trust in your basic instincts. If it sounds too good it is! This is deliberate and that people bought into this crap is sad.