Was the SVB crash a one-off, or a warning sign?
Everyone who lived through 2008 as an adult flinched when Silicon Valley Bank failed last week. But was the bank's crash a unique situation, or something that should make us question our own financial institutions? What makes Canadian banks different from banks like SVB? What can we learn about the future of the economy from this failure? Why is the US government helping already-rich tech investors? And what do we need to watch for in the coming weeks and months? GUEST: William O’Connell, PhD candidate in the Department of Political Science at the University of Toronto. His research includes global management of financial crises and the regulation of cryptocurrency markets
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Show Notes
Everyone who lived through 2008 as an adult flinched when Silicon Valley Bank failed last week. But was the bank's crash a unique situation, or something that should make us question our own financial institutions?
What makes Canadian banks different from banks like SVB? What can we learn about the future of the economy from this failure? Why is the US government helping already-rich tech investors? And what do we need to watch for in the coming weeks and months?
GUEST: William O’Connell, PhD candidate in the Department of Political Science at the University of Toronto. His research includes global management of financial crises and the regulation of cryptocurrency markets
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