Have you been following the news at all surrounding Silicon Valley Bank?

I've heard the name, but nothing more than that.

I worked for Tech Company, so when it happened, a couple of my friends sent articles they

were basically like, is your company backed by this bank, but we'll blah.

I have been following the news.

I wanted to make sure that the money that I had in different financial institutions was

protected, and it made me think a little bit more critically about the fragility of

the financial system.

The banking system in America is a fragile system, and it's really not something that

has the strength that it may have had at one time prior.

You know, it makes me question the infrastructure of our government.

When you look at the amount of money that was used and what that could be used for to solve

some of the other persistent problems within our society, it seems like another bank bailout.

It's notes from America, I'm Kai Wright, so many people had never heard of Silicon Valley Bank

on the day it collapsed.

I had never heard of Silicon Valley Bank.

I am going to be honest, but we all just kind of instinctively knew this cannot be good

for me because Silicon Valley stands for something in the global economy.

It stands for something in the American psyche.

Ideas like progress, growth, boundless wealth.

So what does it mean when the place that literally holds Silicon Valley's money

goes broke?

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