The Truth Behind the Silicon Valley Bank Failure with Dave Bahnsen
The Charlie Kirk Show
Charlie Kirk
4.6 • 65.6K Ratings
🗓️ 13 March 2023
⏱️ 34 minutes
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Summary
Silicon Valley Bank is one of the worst bank collapses in U.S. history. But is it also the start of a wider economic panic? And is the Biden Administration's response necessary, or just laying the groundwork for an even bigger meltdown later? Charlie walks through the facts with finance expert Dave Bahnsen.
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Transcript
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| 0:00.0 | Hey, everybody. Today, the Charlie Kirk for the collapse of Silicon Valley Bank. What is behind it? |
| 0:04.4 | Dave Bonson, who is an expert, helps explain exactly what is behind the collapse at Silicon Valley Bank. |
| 0:14.4 | Email us your thoughts, freedom at Charlie Kirk.com and get involved at TurningPoint USA.com. That is tpUSA.com. Buckle up everybody here. We go. |
| 0:24.4 | Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. |
| 0:28.0 | I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. |
| 0:34.6 | I want to thank Charlie. He's an incredible guy, his spirit, his love of this country, |
| 0:38.8 | he's done an amazing job, building one of the most powerful youth organizations ever created, |
| 0:44.0 | Turning Point USA. |
| 0:45.0 | We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going |
| 0:51.1 | to fight for freedom on campuses across the country. |
| 0:54.0 | That's why we are here. |
| 0:56.8 | Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at |
| 1:01.6 | Andrew and Todd.com. |
| 1:05.7 | Silicon Valley Bank is no more, but it's not just Silicon Valley Bank. There's fragility all across the banking |
| 1:16.2 | industry right now. Questions are, are we about to see a 21st century equivalent of a bank run? |
| 1:23.0 | Over the weekend, the federal government made a series of announcements. Now, you can count on the federal |
| 1:27.8 | government to work weekends if they're trying to cover up the origins of the COVID virus or if |
| 1:33.4 | they're trying to prop up the neoliberal banking order. I'm not even saying that in an accusatory |
| 1:38.8 | way. You probably should work over the weekend to make sure that the entire American banking |
| 1:43.1 | system doesn't collapse. |
| 1:45.7 | Multiple stocks of banks are down double digits, 30, 40, 50, 60 percent. |
| 1:52.1 | In fact, Market Watch says that trading has been halted completely for several of the biggest banking stocks, especially mid-level ones, Bank of Hawaii, |
... |
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