Credit Suisse is the next domino to fall in the banking collapse and Michael Burry and Steve Eisman (depicted in The Big Short) have weighed in. After Signature Bank, Silvergate, Silicon Valley Bank and First Republic all went bust in the U.S., now the second largest Swiss bank has failed too, and is set to be acquired by UBS. So what happens next? Check out Seeking Alpha Premium today and help support the channel. Sign up to Seeking Alpha Premium and get a year for $99 (usually $239). This is pricing for followers of New Money, so be sure to grab it now with my referral link! Affiliate link - https://www.sahg6dtr.com/J6SQHS/R74QP/ New Money Clips: https://www.youtube.com/channel/UC2SsZqmrOaiy-ZAnTjWdw4g My Podcast: null ★ ★ PROFITFUL ★ ★ Learn to Invest with Brandon van der Kolk (BUNDLE OFFER) ► http://bit.ly/learntoinvestbundle Learn to Master Your Tax Return (SPECIAL OFFER) ► https://bit.ly/3127TdE ★ ★ CONTENTS ★ ★ 0:00 The Huge Collapse of Credit Suisse 0:58 Silicon Valley Bank Recap 1:40 Credit Suisse Collapses 5:40 Credit Suisse Saved By The Swiss National Bank 6:30 UBS Takes over 8:45 Big Short Investors Weigh in on the Crisis DISCLAIMER: Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video. Contact email: hello@newmoney.contact Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands that do not deal in a financial product (as per Australian Law).