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US bank failures: What is being done to avoid another 2008 financial crisis? | DW News

April 1, 2023
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The collapse of two American banks is sending shock waves all over the world.. and placing strain on markets. Buyers are anxious a couple of contagion impact past the US.
Asian shares are seeing steep losses on Tuesday
and European banking shares suffered their largest drop in a yr. US President Biden sought to reassure depositors on Monday – insisting he’ll present for the protection of the banking system. In the meantime, nonetheless, rankings company Moody’s downgraded the debt rankings of collapsed Signature Financial institution deep into junk territory. Moody’s additionally positioned the rankings of six different U.S. banks underneath overview for a downgrade.

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Comments 31

  1. perryandy2 says:
    2 months ago

    Jesus Christ is coming! Repent!

    Reply
  2. Wolfpackzeroin says:
    2 months ago

    I guess you don't want to talk about the fact that all of the Eastern countries are dumping American debt and all of these dollars will wash up on the shores of America don't you want to talk about that? Or the fact that the Eastern countries are going to create a new currency backed by gold do you want to talk about that either

    Reply
  3. Patrick #GR says:
    2 months ago

    Way to go President Biden stick to the principles 🇺🇲

    Reply
  4. The Bama Birds says:
    2 months ago

    There's only one thing I know about finance…. When the big corporations go broke the tax payer covers the bill.. we always cover the bill..except now it's our children's children that will be born into debt that is not theirs

    Reply
  5. Lloo Lliii says:
    2 months ago

    It's time to bring the guillotines back

    Reply
  6. 111mmgg says:
    2 months ago

    here's what I learned from previously living in a country whose banking sector collapsed in 1 day. When they tell you not to panic…that is exactly when to panic.

    Reply
  7. Wisdom bites says:
    2 months ago

    Trouble always come from US and Europe always suffer 😂

    Reply
  8. christopher braido says:
    2 months ago

    Banks are such a scam

    Reply
  9. Darleen Williams says:
    2 months ago

    Maskoffaid on youtube what can I compare him to with his loyalty honest trustworthy and also good fearing he is the best I can recommend to anyone

    Reply
  10. Darleen Williams says:
    2 months ago

    Maskoffaid on youtube what can I compare him to with his loyalty honest trustworthy and also good fearing he is the best I can recommend to anyone

    Reply
  11. Joanne Burford says:
    2 months ago

    The US has done it again, when will you ever learn. Your incompetence flows through to other countries. Regulate your banks!!!

    Reply
  12. Amitha Chandima says:
    2 months ago

    ☠️USA economic crisis is now begun.☠️🧨💣

    Reply
  13. The great says:
    2 months ago

    US Paper economy collapse

    Reply
  14. Douglas Wallace says:
    2 months ago

    {I have no financial interest . Information only}
    Insurance above the FDIC limit :
    The Certificate of Deposit Account Registry Service, or CDARS, represents a network of banks that insure millions for CD savers.

    Reply
  15. Zakalwe says:
    2 months ago

    Oh no…CAPITALISM!!! Quickly, spread news about those evil capitalists on your beloved electronic consumer goods.

    Reply
  16. Joey G says:
    2 months ago

    At this rate of mismanagement of Banks and the government bailout will $1.00 in 2024 be able to buy one egg.

    Reply
  17. Charles says:
    2 months ago

    The U.S. Banking System is 'safe'? Safe from what? Safe as long as the American people pay for the crookery of the banks and this inverted-totalitarian government. Ig's past time but not too late for people that insist on living in freedom with dignity to organize into guerilla armies, nationally, and totally eradicate a 100% Corrupt, Cabal-Controlled, Inverted-Totalitarian, Police-State Government masquerading as a capitalistic-free-democratic-government that's never existed.

    Reply
  18. Schrödinger's Cat Playing With A Tesseract. says:
    2 months ago

    Wait for it…

    Reply
  19. Morris Dyer says:
    2 months ago

    If the banking system is safe, why is it failing?

    Reply
  20. Aaron says:
    2 months ago

    Now, Credit Suisse is on the verge of collapse, looking to borrow more than $53 Billion to stay afloat, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?

    Reply
  21. TJ Marx says:
    2 months ago

    This has nothing to do with 2008. It holds nothing in common with 2008. Stop spreading lies

    Reply
  22. Old Man Dave 1945 says:
    2 months ago

    That is BS. Rich Chinese who had money in SVB will be bailed out by folks in Oklahoma paying more in FDIC fees to make the Chinese whole along with others. The large banks are taking over the small banks and soon the monopoly;y of the big banks will be complete and enabled by Janet Yellen. Soon the big banks with politicians in their pockets will control all the money. The Fed will take over the monetary system using its new Fed digital currency. This is all illegal as congress was never consulted.

    Reply
  23. 袁大陸 says:
    2 months ago

    USA do something wrong but not hurt himself but other countries.

    Reply
  24. Sim Kian Kiong says:
    2 months ago

    This is such awesome irony.this USA & European sanctions on Russia was supposed to strangle and isolate Russia, be it's economy and financial institutions, but now, whose economies are suffering and their financial institutions are collapsing….seemed it's not Russia but USA & Europe, isn't it? Have the average american and european citizens wake up to their Govt misdemeanors or not? Don't think so….personally spoken to a few average americans & Europeans and they still believed their Govt are right in their support of the Ukraine war….so misinformed and Indeed, so sad.

    Reply
  25. Darnell Capriccioso says:
    2 months ago

    Well the Collapse of Silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?

    Reply
  26. Т. C. says:
    2 months ago

    Hope to collapse in usa and euro

    Reply
  27. smwk 2017 says:
    2 months ago

    US Fed said that not all banks will be saved. This caused panic; people are moving their money from small community banks to big banks; thinking that big banks are too big to fail.

    Reply
  28. Xamufam says:
    2 months ago

    This is not capitalism its low interest rates and bailouts pushed by governments. That caused this

    Reply
  29. Lance says:
    2 months ago

    Biden Democrat Administration 🎉🎉 thanks for voting this in to office. 😅

    Reply
  30. rob grey says:
    2 months ago

    Bailouts for the big players and the elites.
    Reassuring words for the masses.
    This is just getting started. Just like 2008. Remember, Bear Stearns collapsed in March, and the big collapse kicked off by Lehman didn't happen until September.

    Reply
  31. Tone Balone says:
    2 months ago

    Nothing you need glass steagle restored, but they won't do that.

    Reply

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