The bankruptcy of Silicon Valley Bank in the United States in March 2023 brought to mind the specter of the 2008 economic crisis. Other American banks subsequently declared bankruptcy, including Signature Bank, First Republic and others.
These successive events have been described as the most difficult in the global banking sector since the 2008 financial crisis. Experts say they are only a wake-up call for the next major collapse, as global inflation continues to rise, countered by tightening monetary policy by major central banks. What are the potential implications of raising the key interest rate on the stability of the banking sector? Will the world endure a new economic crisis?