TO BE CLEAR: I AM NOT EXPECTING A BANKING CRISIS IN THE UK ANYTIME SOON. - 12 March 2023
Watchthe video of this podcast here: https://youtube.com/live/0KNiCUswZGM
Banking Uncertainty Persists
https://www.bloomberg.com/news/articles/2023-03-12/markets-at-risk-of-more-upheaval-as-banking-uncertainty-persists
Hundreds of UK firms will find they can't pay bills or staff on Monday.
https://www.bbc.co.uk/news/business-64930944
https://www.telegraph.co.uk/business/2023/03/12/treasury-planning-cash-lifeline-companies-hit-silicon-valley/
This is a public livestream on Sunday at 9pm in response to the Bank of England intervening over the collapse of the London branch of Silicon Valley Bank.
https://www.politico.eu/article/silicon-valley-bank-collapse-sets-off-scramble-in-london-to-shield-uk-tech-sector/
However, it would be foolish to disregard the tremor in the American banking sector (2nd largest US bank failure in history)
The purpose of this video is to share my thoughts with anyone who is interested about what's happening, what it might mean, and what, if anything, anyone needs to do about it.
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