
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 THERECanadian 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.