The last two days of the working week in the United States were marked by stock market crashes, especially at banks. On Friday, queues outside bank offices followed, and share prices fell between 11 and 62% in just one week.
Silicon Valley Bank started the bank crash.
Panic has set in, depositors frantically want to withdraw as much money as possible.
Will confidence be able to return on Monday, or will the red streak continue and turn into bankruptcies, remains to be seen.
In such moments, it is good to think about consulting help and protect your savings!