
Morning Joe 3/16/23
Morning Joe
00:00
Is the Banking System Worldwide in Crisis?
There's definitely a crisis of confidence when it comes in liquidity. All these banks globally, just in general are way better off than they were at the start of the financial crisis. We saw people pulling their deposits out of Silicon Valley Bank. Here in the United States, we don't have a problem with liquidity when it comes to our major banks. However, we could have a problem if too many inflows into the big banks can make it very difficult for smaller banks to succeed and thrive.
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