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Banking crisis isn't over!? 2023 compared to the 2008 Financial crisis

The 2023 banking crisis has seen multiple bank failures - Silicon Valley Bank, Signature Bank and First Republic Bank. Some think that the banking crisis of 2023 is now over, but others suggest it's just the beginning and there are more bank failures to come this year. In this film we compare the 2023 banking crisis to the 2008 financial crisis and ask whether there are likely to be more bank collapses in the near future. We are joined by finance and economic experts Richard Wolff and David Woo who give their insights on the health of the banking sector. *** Explore trading and start investing with Capital.com. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This video is for general information only and is not intended to provide trading or investment advice or any personal recommendations.  The information in this video is indicative, and may become out of date at any given time. Capital.com shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video.  Any information relating to past performance of an investment does not necessarily guarantee future performance. Please remember spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage,  You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Invest only what you can afford to lose.  These products may not be suitable for all clients, we therefore recommend that you seek independent advice and ensure you fully understand the risk involved before trading.  You do not own, or have any interest in the underlying assets. Professional clients can incur losses that exceed their deposits when trading CFDs.