"Here's What They're NOT Telling You About The Bank Crisis" | Chamath Palihapitiya Prediction
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"Here's What They're NOT Telling You About The Bank Crisis" | Chamath Palihapitiya Prediction
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Banking Giant credit Suisse is on the brink of collapsing, which would send shockwaves around the worlds financial system, as it is one of only 30 banks with a global systemically important bank rating, meaning it’s connected to countless other financial institutions and it’s collapse would be catastrophic.
On the latest all-in podcast episode, Tech billionaire and investor Chamath Palihapitiya breaks down why despite credit Suisse receiving a $54 billion dollar life line from the Swiss central bank, this banking collapse is likely just getting started with at best the problem only being kicked down the road 12 months.
Make sure to stick around to the end of the video, where Chamath and the rest of the podcast explain what investors should expect to play out and how this banking crisis came to be in the first place.
About Chamath Palihapitiya:
Chamath Palihapitiya is a Canadian-American venture capitalist, engineer, SPAC sponsor and the founder and CEO of Social Capital. Palihapitiya was born in Sri Lanka, and moved to Canada with his family at the age of six. Palihapitiya was an early senior executive at Facebook, working at the company from 2007 to 2011.
Credits: All-In Podcast
https://youtu.be/yYwfiqYocc0
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