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Why Credit Suisse Is COLLAPSING from Global Financial Systemic Failure

Credit Suisse shares tumble to new record low as European banking sector reels . Swiss banking giant Credit Suisse on Wednesday saw its shares fall to a new record low, pressuring the broader market and the rest of the European banking sector days after two lenders collapsed in the U.S. Credit Suisse shares CSGN, -24.24% CS, -23.51% fell as much as 31%, breaking below the 2 franc level and extending the declines that seen its shares drop 78% over the last 52 weeks. The fresh losses came after the chairman of the bank’s top shareholder, Saudi National Bank, ruled out investing any more into the bank in a Bloomberg interview on Wednesday. The Saudi bank has just under a 10% stake in Credit Suisse, and crossing that threshold would subject it to new rules. TOPICS AND TIMESTAMPS: Credit Suisse 0:00 ———————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS:    • My Favorite Books   SUPPORT MY WORK:   / themoneygps   PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Buy GOLD and SILVER from Miles Franklin: Call 1-888-81-LIBERTY (Tell them The Money GPS sent you) ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means. #inflation #creditsuisse #fed #investing #svbbank #economy #stockstowatch #FDIC #banking #worldnews #usa