← The Big Story
Was the SVB crash a one-off, or a warning sign? artwork

Was the SVB crash a one-off, or a warning sign?

The Big Story
E76021:18
Play episode

Show notes

Everyone who lived through 2008 as an adult flinched when Silicon Valley Bank failed last week. But was the bank's crash a unique situation, or something that should make us question our own financial institutions? What makes Canadian banks different from banks like SVB? What can we learn about the future of the economy from this failure? Why is the US government helping already-rich tech investors? And what do we need to watch for in the coming weeks and months? GUEST: William O’Connell, PhD candidate in the Department of Political Science at the University of Toronto. His research includes global management of financial crises and the regulation of cryptocurrency markets We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at hello@thebigstorypodcast.ca Or @thebigstory.bsky.social on Bluesky Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More from this show

More
  1. Big Headlines: Prime Minister Carney is in Istanbul exploring a new free-trade partnership

    Canada's chief trade negotiator to the United States says Donald Trump will still be U.S. President after the midterm elections and will still drive trade policy. Canada's deepenin…

    E209006:35
  2. The death of the dinner party

    When was the last time you host a dinner party? Not for special occasion, just for the sake of it. How about the last time you went to one? Odds are, it's been awhile. With generat…

    E207924:04
  3. Big Headlines: Carney says trade talks between Canada and the U.S. are still on pause and Stelco could face legal action

    Plus: Carney is warning Stelco that it could face legal action if it fails to meet its employment commitments, the federal government will add $1-billion to help build a road to th…

    E208806:29
  4. Why is Gen Z protesting around the world?

    Protests have erupted across Europe, as activists seek for radical political and societal change. In France, young people are looking to improve school conditions and access to edu…

    E208618:03
  5. Big Headlines: Alberta's separation vote could have lasting impacts and an update on the injured soldiers from CFB Wainwright

    Plus: Alberta Premier Danielle Smith has updated the province on the status of the Canadian Armed Forces soldiers injured during the fire at C-F-B Wainwright, Prime Minister Mark C…

    E208508:13
  6. Danielle Smith's post-referendum problem

    Alberta has decided its fate remains within a united Canada. More than 75% of voters in Monday's historic referendum struck down the idea of separating from the country, a result…

    E207824:07
Now Playing
The Big Story — Was the SVB crash a one-off, or a warning sign? | Podcast | Josplay Music