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Podcast: BiggerPockets Daily
Episode: Are Banking Failures Going To Cause Another 2008-Like Crash? by Andrew Syrios
Description: It goes without saying that investors of all stripes have been spooked by the recent collapse of Silicon Valley Bank and Signature Bank, as well as the Swiss National Bank facilitating UBS’ $3.2 billion purchase of Credit Suisse, First Republic Bank’s stock falling more than 70% and bank stocks, on the whole, being hammered. Many seem to think a 2008-like financial crisis is beginning. While it’s important not to understate the precarity of our current situation, there are major differences that make these two events, more or less, incomparable.For one, Lehman Brothers was an investment b...