Less than two weeks ago, the U.S. American Silicon Valley Bank (SVB) went bankrupt. Since it manages the funds of several Silicon Valley companies that belong in a growth industry in the U.S., there is a worry that the even can start a domino effect. There is already a ripple effect observable globally – will it wear off before it leads to a new recession? The post Uncertainties in the banking world – is 2008 repeating? appeared first on Helpers Finance.
