The SVB Collapse, Guess Who's Gonna Pay for It, China's Middle East Meddling

The SVB Collapse, Guess Who's Gonna Pay for It, China's Middle East Meddling

By 3 Martini Lunch - Radio America

Join Jim and Greg as they break down the collapse of Silicon Valley Bank, and how the financial institution bankrolling many of the nation's top venture capital-backed firms went into crisis. They also throw a flag on President Biden's contention that U.S. taxpayers will not be on the hook for bailing out the bank's depositors. Finally, they shudder at the news of China brokering a restoration of relations between Saudi Arabia and Iran. Why is the restoring of relations a bad thing? In this case, there's lots of reasons.

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