We explain what happened this last couple of weeks with Silicon Valley Bank and Signature banks collapsing. We discuss how it reminds us of 2008 and what’s different this time. And we discuss how and why it happened and what it might mean for you.  Show References:<ul><li><a href="https://friendsonfire.org/033-mike-explains-the-economy/">friends on FIRE podcast - #033 - Mike Explains the Economy</a></li><li><a href="https://friendsonfire.org/173-article-7-ways-a-recession-could-be-good-for-you-financially/">friends on FIRE podcast - #173 - Article: 7 ways a recession could be good for you financially</a></li><li><a href="https://friendsonfire.org/180-article-raising-the-alarm-on-the-us-economy/">friends on FIRE podcast - #180 - Article: Raising the alarm on the US economy</a></li></ul>---Follow friends on FIRE<a href="https://twitter.com/Friends_onFIRE">Twitter</a><a href="https://www.instagram.com/friends.onfire/">Instagram</a><a href="https://www.facebook.com/Friendsonfire-102269151278480/">Facebook</a><a href="https://www.linkedin.com/company/friendsonfire">LinkedIn</a>Leave us a voicemail or text us: 404-981-3370eMail us at:  <a href="mailto:friendsonfiremm@gmail.com">friendsonfiremm@gmail.com</a>Visit our website:<a href="https://www.friendsonfire.org/"> www.friendsonfire.org</a>---Other LinksMaggie’s Blog:<a href="https://mostlyminimal.life"> Mostly Minimal Life</a>Mike’s Book:<a href="https://amzn.to/2sPIzuj"> Your New Relationship with Money</a>

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#193 | SVB collapse explained and what this means for you

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