World Review from the New Statesman

Why did Silicon Valley Bank collapse?


Listen Later

Over the weekend, Silicon Valley Bank, a lender to some of the biggest names in the technology world, became the largest bank to fail since the 2008 financial crisis. Regulators scrambled to contain the fallout from the collapse as share prices plummeted, with HSBC stepping in to buy the bank for £1 in a rescue deal.

 

Ido Vock is joined by the New Statesman’s associate business editor Emma Haslett and Spotlight editor Alona Ferber to discuss the roots of the crisis, the hypocrisy of libertarian tech bros, and the wider risks.

 

Next, the team turn to Israel, where Benjamin Netanyahu’s proposals to reform the judiciary have been met in Tel Aviv with some of the biggest protests in the city’s history. They discuss whether Israel is moving towards dictatorship, the prospect of rebellion in the army, and rising violence in the West Bank.


If you have a question for You Ask Us, go to newstatesman.com/youaskus

 

Podcast listeners can subscribe to the New Statesman for just £1 a week for 12 weeks using our special offer. Just visit newstatesman.com/podcastoffer

 

Read more:        


Will Dunn asks: who killed Silicon Valley Bank?


Emma Haslett writes that the failure of Silicon Valley Bank unmasks the hypocrisy of libertarian tech bros.


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

World Review from the New StatesmanBy The New Statesman

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

21 ratings


More shows like World Review from the New Statesman

View all
Daily Politics from the New Statesman by The New Statesman

Daily Politics from the New Statesman

145 Listeners

Today in Focus by The Guardian

Today in Focus

996 Listeners

Americast by BBC News

Americast

723 Listeners

The Rest Is History by Goalhanger

The Rest Is History

15,258 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,023 Listeners

The Rest Is Politics: Leading by Goalhanger

The Rest Is Politics: Leading

785 Listeners

The Rest Is Politics: US by Goalhanger

The Rest Is Politics: US

2,164 Listeners

Audio Long Reads, from the New Statesman by The New Statesman

Audio Long Reads, from the New Statesman

7 Listeners

Armando Iannucci: Westminster Reimagined | a New Statesman podcast by The New Statesman

Armando Iannucci: Westminster Reimagined | a New Statesman podcast

0 Listeners

Spotlight on Policy, from the New Statesman by The New Statesman

Spotlight on Policy, from the New Statesman

0 Listeners