Debtfree Issue 202303 - DB SE

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DEBT REVIEW AND YOUR CREDIT SCORE FAMOUS BANKS THAT HAVE COLLAP<strong>SE</strong>D SILICON VALLEY BANK Another example of a bank that suddenly got into trouble is Silicon Valley Bank. They specialised in investing in and assisting tech companies. In 2023, the bank was hit hard by a series of high-profile tech company failures. Many of those companies dealt in cryptocurrency. When the value of crypto fell suddenly towards the end of the pandemic, so did the value of those businesses. As their values dropped, people stopped investing in them, and those firms could not pay back what they owed the bank or to save money in the bank like they had in the past. As a result, SVB suffered significant losses on its loans to these companies. Once people heard the bank wasn’t making as much profit, they began to quickly withdraw savings and investments in the bank, and this made other investors and clients nervous, the result was a "run on the bank".
Photo by Minh Nguyen used under Creative Commons Licence
Page 1 and 2: SPECIAL EDITION HOW BANKS DIE Issue
Page 3 and 4: WHAT MAKES US EXCELLENT? / Unimpair
Page 5 and 6: FROM THE EDITOR We also talk about
Page 7 and 8: Municipalities, schools and body co
Page 9 and 10: CONTENTS THIS IS HOW BANKS DIE LEAR
Page 11: No more debt-stress. Let’s get it
Page 15 and 16: DEBT REVIEW AND YOUR CREDIT SCORE B
Page 17: Even giving people credit, which is
Page 20: DEBT REVIEW AND YOUR CREDIT SCORE S
Page 23 and 24: Similarly, bonds with longer maturi
Page 25: paid a share of the money that’s
Page 28 and 29: DEBT REVIEW AND YOUR CREDIT SCORE F
Page 37 and 38: DEBT REVIEW AND YOUR CREDIT SCORE W
Page 41: DEBT REVIEW AND YOUR CREDIT SCORE B
Page 44: LEARNING TO TRUST YOUR DC TRUST MUS
Page 48 and 49: LEARNING TO TRUST YOUR DC GETTING H
Page 51 and 52: LEARNING TO TRUST YOUR DC TRUSTING
Page 55 and 56: LEARNING TO TRUST YOUR DC IT’S HA
Page 57: Here are some things to keep in min
Page 60: LEARNING TO TRUST YOUR DC A MISLEAD
Page 64 and 65: LEARNING TO TRUST YOUR DC LEARN WHO
Page 67 and 68: LEARNING TO TRUST YOUR DC LEARN WHO
Page 69: FREE BOOKLET TO DOWNLOAD AND SHARE
Page 72: SOCIAL MEDIA AND FEELING FOMO THE D
Page 76: SOCIAL MEDIA AND FEELING FOMO HOW C
Page 80: SOCIAL MEDIA AND FEELING FOMO THE I
Page 84:
SOCIAL MEDIA AND FEELING FOMO DON
Page 88 and 89:
PAWN YOUR CAR AND DRIVE IT WHAT IS
Page 91 and 92:
PAWN YOUR CAR AND DRIVE IT PAWN OR
Page 94 and 95:
BREAKING NEWS
Page 96 and 97:
DEBT COUNSELLOR FINED R10 000 FOR S
Page 98 and 99:
FINCHOICE DEBIT ORDER CANCELLATIONS
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Debtfree Issue 202303 - DB SE

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