SVB & Credit Suisse | Bank runs & Moral hazard - Bonus episode

<p>Silicon Valley Bank (SVB) has collapsed and now Credit Suisse is in trouble. Should we be worried about Global Financial Crisis 2.0? Have the policy responses been sensible? Economics Explored host Gene Tunny provides his initial thoughts.</p><p>Please get in touch with any questions, comments and suggestions by emailing us at <a href="mailto:contact@economicsexplored.com" target="_blank">contact@economicsexplored.com</a> or sending a voice message via <a href="https://www.speakpipe.com/economicsexplored" target="_blank">https://www.speakpipe.com/economicsexplored</a>. </p><p>Links relevant to the episode:</p><p>Chris Joye's article on SVB:</p><p><a href="https://www.livewiremarkets.com/wires/why-silicon-valley-bank-died-updated-2">https://www.livewiremarkets.com/wires/why-silicon-valley-bank-died-updated-2</a></p><p>NPR Indicator episode:</p><p><a href="https://www.npr.org/2023/03/13/1163157993/silicon-valley-banks-three-fatal-flaws">https://www.npr.org/2023/03/13/1163157993/silicon-valley-banks-three-fatal-flaws</a> </p><p>Sebastian Merkel's paper on narrow banking:</p><p><a href="https://scholar.princeton.edu/sites/default/files/merkel/files/narrow_banking.pdf">https://scholar.princeton.edu/sites/default/files/merkel/files/narrow_banking.pdf</a></p><p>World Bank paper on Bank Runs and Moral Hazard:</p><p><a href="https://documents1.worldbank.org/curated/en/548031537377082747/pdf/WPS8589.pdf">https://documents1.worldbank.org/curated/en/548031537377082747/pdf/WPS8589.pdf</a> </p><p>Bloomberg article on policy response:</p><p><a href="https://www.bloomberg.com/news/articles/2023-03-12/us-moves-to-help-depositors-offer-bank-backstop-in-wake-of-svb?leadSource=uverify%20wall">https://www.bloomberg.com/news/articles/2023-03-12/us-moves-to-help-depositors-offer-bank-backstop-in-wake-of-svb?leadSource=uverify%20wall</a> </p><p>Breaking Points video SECRET Fed BAILOUT Pumps BILLIONS Into Banks</p><p><a href="https://youtu.be/Lj5BE951aP8">https://youtu.be/Lj5BE951aP8</a> </p>