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A Simple Explanation of the American Bank Failures: For Canadians (Silicon Valley Bank)

A Simple Explanation of the American Bank Failures: For Canadians (Silicon Valley Bank)

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American banks have been going bankrupt.  Why?  Will this affect Canada or Canadians?  Will this affect me?  I try to explain the banking failures in the United States very simply, by answering Jenny's questions about Silicon Valley Bank and what went wrong.  I am no banking expert nor do I have a crystal ball that sees into the future, but I try to create calm amidst the storm and hope that Canadians have enough financial literacy to have faith in their banks.

🔔 Find Cameron on YouTube!  TAKE ME THERE

Canadian Money Matters is a personal finance podcast discussing:

✅ The Canadian economy

✅ The Canadian stock market the TSX

✅ Personal finance for Canadians

✅ Investing for beginners in Canada

✅ Saving Money for Canadians

Canadian Money Matters is dedicated to the following:

✅ Increasing financial education and financial literacy of Canadians

✅ Getting more Canadians taking control of their finances

✅ Having fun in the stock market while learning how to direct invest.

Cheers.

Cameron and Jenny Email us at: commonsenseinvestingcanada@gmail.com

Keywords: podcast, personal finance podcast, Canadian podcast, budgeting, money tips, saving money.

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