What do banks actually do with your money? Do they store it safely or use it for other purposes such as lending out or investing?How and why did Silicon Valley Bank, the 16th largest bank in the US, collapse in just two days?Should Malaysians be concerned about this contagion?What are the essential facts we should know about the PIDM insurance for member banks?There are widespread rumors of the US dollar hyperinflating - is this a plausible scenario?Is it possible for Bitcoin to reach $1 million in the next 90 days, and is it a genuine solution to the banking crisis?In this episode, we are joined by Hann Liew, the founder of RinggitPlus, and Economist Sani Hamid. Our latest conversation focuses on the current banking crisis, which has seen three US banks collapse within two weeks. This has understandably left a bitter taste for Malaysians, who concerned about the safety of their deposits. This session will address these worries and shed light on the fragility of the banking industry. ~~~~~~~~~~~~ Hann is a personal finance expert with over a decade of experience in the financial industry. Qualified as a licensed financial planner, he has helped tens of thousands of Malaysians on their path towards financial literacy. Our other speaker, Mr. Sani Hamid, is a renowned economist and strategist with over 30 years of experience in the financial sector. He is a frequent commentator in the media and is widely respected in the field of economics. Hann’s socials: https://twitter.com/ooihann Mr. Sani’s socials: https://twitter.com/sanihamid ~~~~~~~~~~~~ Join our journey towards financial literacy and be a wiser investor today for as little as $1/month: https://www.patreon.com/TheFuturizts Find us at: https://linktr.ee/thefuturizts ~~~~~~~~~~~~ DISCLAIMER: The information contained in this podcast is for informational and educational purposes only. Nothing herein shall be construed as financial, legal, or tax advice. The opinions expressed in this podcast are solely those of the speakers.