WATCH LIVE: Will the SVB crash spark the biggest economic disaster of this decade?

The whole world is watching the current events surrounding Silicon Valley Bank with bated breath. It is no exaggeration to say that we are at the end of a similar gigantic global crisis that was triggered by the collapse of Lehman Brothers in 2008.

SVB may well cause the biggest economic event in recent years

Financial group SVB $SIVB has bought some of the safest assets in the world of finance. So how is it possible that it crumbled to dust in two days?

Mar 13, 2023 8:11 AM - Michael Burry has again leaned hard on a current cause. "2000, 2008, 2023, it's still the same," laments the hedge fund manager famous for his successful bet against subprime mortgages that led to the 2008 financial crisis. "People ruled by greed take stupid risks and fail. Then they print money. Because it works so well."

Mar 13, 2023 7:33 AM - The Federal Reserve moved quickly late Sunday night to prevent the collapse of SVB Financial from causing further damage to the U.S. banking system, offering billions of…