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Nunya Bidness 2y ago

And the contagion just went international.

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✝️ Threat Level Worldwide 2y ago

Looks like SVB is 2nd biggest US bank ever to collapse.

So is this contagion spreading to Europe?

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Nunya Bidness 2y ago

Already has. UK unit of SVB is being placed into ‘bank insolvency’ procedure.

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✝️ Threat Level Worldwide 2y ago

Wow, so they are international. Im reading the FDIC is calming customers, saying they get their money on Mon. Interesting to see if theres a bank run next wk.✌️