Wall Street Journal and CNBC explain the collapse of Silicon Valley Bank

I've already shared a comedic closer look at the reactions to the failure of Silicon Valley Bank, so it's time for a serious examination of the bank collapse, beginning with The Wall Street Journal explaining How Silicon Valley Bank Collapsed in 36 Hours | What Went Wrong.

Silicon Valley Bank collapsed in less than two days when FDIC regulators seized control. In that time, the bank’s stock price fell over 60%, a $42 billion bank run was sparked and a liquidity crisis ensued.

Here’s how SVB’s collapse became the second largest U.S. bank failure ever, and what it means for customers in the future.

I mentioned that increasing interest rates, which is inverting the yield curve, work by reducing demand in Vox asks 'Why is everything getting so expensive?' They also disrupt investment strategies, like SVB's, when they change rapidly. That led to a chain reaction ending in SVB's collapse, a demonstration of "everything is connected to everything else and there is no free lunch." However, it might not end there, as CNBC asked Did Silicon Valley Bank Start a Banking Crisis?

Silicon Valley Bank is no more. The question now, though, is whether the collapse of this tech-friendly regional bank is the start of something more serious — or just what happens when higher interest rates give companies less room for error.

So will we be partying like 1929? Or will the FDIC, Federal Reserve, Treasury Department, and "too big to fail" banks contain the damage? I hope for and expect the latter, but stay tuned to find out. At its core, this blog is still about collapse and this is exactly the kind of story I created this blog for.

Speaking of staying tuned, come back tomorrow for the Sunday entertainment feature, which will not be about "Saturday Night Live" — no new show until April First, no fooling!