The Daily Aus

Will the collapse of a U.S. bank impact us here in Australia?


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The collapse of Silicon Valley Bank (SVB) over the weekend was the largest bank failure since the 2008 global financial crisis.

The Biden administration has guaranteed that no customers will lose their money.

Will this end up being a one-off event? Or could it lead to economic contagion? We’ll let you know in the deep dive.

See omnystudio.com/listener for privacy information.

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The Daily AusBy The Daily Aus

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