4.6 • 716 Ratings
🗓️ 27 March 2023
⏱️ 6 minutes
🧾️ Download transcript
Today is Monday, March 27, and we're looking at Silicon Valley Bank vs. Credit Suisse.
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0:00.0 | Wonderly Plus subscribers can listen to Business Wars daily ad-free right now. |
0:04.8 | Join Wonderly Plus in the Wondery app or on Apple Podcasts. |
0:08.5 | How do I cope with waiting for results? |
0:11.6 | It's all I can think about. |
0:13.5 | Is the cancer going to come back? |
0:16.0 | I can't sleep. |
0:17.6 | How do I stop worrying? |
0:19.5 | We know what goes through your head when you're living with |
0:21.7 | cancer. The questions, the anxieties. We understand because we've been there too. If you or |
0:27.9 | someone you care about has been diagnosed with cancer, McMillan Cancer supports online community |
0:32.9 | can help from day one. It's a free, safe, online forum for people with cancer to connect anonymously. |
0:39.8 | No question is too big or too small. With over 80,000 members, we get it. We've been there. |
0:46.3 | Whatever you need to ask, we're here. To join, search McMillan online community. |
1:05.0 | Thank you. Macmillan Online Community. From Wondery, I'm David Brown, and this is Business Wars Daily on this March 27th. |
1:09.2 | Happy Monday, everyone. |
1:10.7 | In most industries, the collapse |
1:12.3 | of a formidable competitor is a good reason to celebrate. But in the banking industry, it's a |
1:17.4 | different story. When banks fail, people get nervous. That fear can cause a far-reaching ripple effect. |
1:24.4 | Confidence in the economy erodes. Consumers may cut back on spending. Companies may cut back on |
1:29.8 | expenses and may lay off employees. People may have trouble paying their bills, causing defaults to |
1:35.8 | rise. We need only think back to the Great Recession for an example of how bad things can get. |
1:41.7 | And that's why we've seen government step in on two continents to help |
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