• A Simple Explanation of the American Bank Failures: For Canadians (Silicon Valley Bank)

  • Mar 16 2023
  • Length: 31 mins
  • Podcast

A Simple Explanation of the American Bank Failures: For Canadians (Silicon Valley Bank)

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  • Summary

  • American banks have been going bankrupt.  Why?  Will this affect Canada or Canadians?  Will this affect me?  I try to explain the banking failures in the United States very simply, by answering Jenny's questions about Silicon Valley Bank and what went wrong.  I am no banking expert nor do I have a crystal ball that sees into the future, but I try to create calm amidst the storm and hope that Canadians have enough financial literacy to have faith in their banks.

    🔔 Find Cameron on YouTube!  TAKE ME THERE

    Canadian Money Matters is a personal finance podcast discussing:

    ✅ The Canadian economy

    ✅ The Canadian stock market the TSX

    ✅ Personal finance for Canadians

    ✅ Investing for beginners in Canada

    ✅ Saving Money for Canadians

    Canadian Money Matters is dedicated to the following:

    ✅ Increasing financial education and financial literacy of Canadians

    ✅ Getting more Canadians taking control of their finances

    ✅ Having fun in the stock market while learning how to direct invest.

    Cheers.

    Cameron and Jenny Email us at: commonsenseinvestingcanada@gmail.com

    Keywords: podcast, personal finance podcast, Canadian podcast, budgeting, money tips, saving money.
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