1. Jack_Black

    US Financial Collapse - ELI5 by Romeo V Poquiz. Kameungua banae.

    This month, 3 US banks collapsed. The biggest among them, the Silicon Valley Bank is the 16th largest US bank with more than $200 billion in assets. The reason for the collapse was mainly the firm's sale of government bonds at a huge loss to raise capital. SVB's loss was due to the government's...