BANK RUNS – Credit Suisse Needs $54 Billion BAILOUT to Avoid Collapse as Cash Crisis Hit Europe

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Credit Suisse has become the latest bank to be hit by the current Banking Crisis and has been forced to seek a $54 Billion Bailout from the Swiss Authorities. This Crisis comes within days of the Collapse of SILICON VALLEY BANK, Signature Bank and the Liquidation of Silvergate Bank. In this video I look at the Credit Suisse BAILOUT and discuss the implications for the Global Economy.

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Chapters:
0:00 Intro
5:25 CREDIT SUISSE
14:18 CURRENT PROBLEMS
16:07 BAILOUT
17:12 SUMMARY & CONCLUSION

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#SILICONVALLEYBANK
#SILVERGATE
#signature
#usa
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

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