How did Credit Suisse fail so fast? What can Indians learn from this Economic case study?

⭐️ Think School’s flagship Communication course with an exclusive LIVE workshop on Chat GPT included: https://thethinkschool.com/checkouts/... Instagram: https://instagram.com/thethinkschool?... VIDEO INTRODUCTION: Credit Suisse, the 167-year-old bank and the second-largest lender in Switzerland, is in deep trouble. The bank said it would borrow up to 50 billion Swiss francs ($53.7 billion) from the Swiss National Bank, taking advantage of a lifeline late Wednesday after its stock crashed as much as 30%. It also said it would buy back some of its own debt. Its struggles set off anxiety in Europe and across global markets, and what happens at Credit Suisse could impact the broader financial system.Why does Credit Suisse matter? Credit suisse was one of the biggest banks in the world!! and as we all saw, Days after the collapse of two US banks, now credit suisse got into trouble!!! and if you look at the magnitude of this disaster, it will blow your mind, This is what the share price of Credit Suisse looks like. Ever since their peak 16 years ago in 2007, credit suisse has lost 99% of its share price and while making this video it was howering around .86 swiss frac. and mind you credit Suisse was not like SVB or signature bank, it was the second largest Swiss bank that at one point contained 1.3 trillion Swiss francs in deposits!! and inspite of it being taken over by UBS, even now there is a lot of panic in the market because we are looking at a banking crisis in not 1 but 2 of continents in the world!! So this begs the question, What led to the fall of Credit Suisse? Where did the economics go wrong? how will this affect the European economy? and what are the study materials to help you understand this banking crisis better? Watch this video to know more Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: https://www.thethinkschool.co.in ⬇️Our Top 2022 Playlist Geopolitics: India is Trapping China -    • How India is TRAPPING China with its Milit...   Oil Giants Crushing Europe -    • Why OPEC Cut Oil Production And Why It Sca...   Israel’s Secret Strategies -    • How did Israel become SUPER POWERFUL & Wha...   China vs India Military Strategy in Ladakh -    • Why is China taking over Indian BORDERS an...   Upcoming US Recession Affects Indian Economy -    • America’s Recession Explained: What’s Real...   Best of Business: 1. Asian paints -    • How Asian Paints Destroyed British Giants ...   2. Amul -    • How Amul beat its competition & made 39,20...   3. Haldiram -    • The Origin story of Haldiram : an 80,000cr...   4. Malboro -    • The Genius Marketing Strategy of Marlboro ...   5. Lijjat Papad -    • How 7 Mumbai-based women Entrepreneurs mad...   ►Books Everyone should read: 1. Sapiens: https://amzn.to/3wIqqtG 2.Jab Jab Jab Right Hook: https://amzn.to/3eb36ym 3.Presuasion: https://amzn.to/3nF4Xi8 4.Start with why: https://amzn.to/2R7UHCW 5. Culture code: https://amzn.to/3tfaxsZ 6. Hooked: https://amzn.to/2R9G9CM 7. I will teach you to be rich: https://amzn.to/3AUDLSO 8. From Third world to First: https://amzn.to/3yQSjAV 9. This is Marketing: https://amzn.to/334VNlL 🎧 Want to buy the equipment we use? 1. Our Laptop: https://amzn.to/3z66odv 2. Our Mic: https://amzn.to/3liQQyi 3. Camera Stand: https://amzn.to/3z8l3ov 4. Mobile holder for stand: https://amzn.to/3xgCF25 5. Laptop: https://amzn.to/3gMYXRi ✅Study Materials: https://www.thehindubusinessline.com/... https://www.wsj.com/articles/why-is-c... https://www.wsj.com/articles/wall-str... https://www.wsj.com/articles/why-is-c... https://www.investopedia.com/terms/c/... https://cleartax.in/g/terms/basel-iii ✅To support our work you can donate here: https://www.instamojo.com/@thinkschool #creditsuisse #bankcrisis #svbbank #thinkschool #businesscasestudy #geopolitics Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.