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today banking crisis what banking crisis hi again its Martin North from digital Finance analysis one that is posts covering finance and properties with the distinctive Australian flavor Im joined by Damien Classen from nucleus wealth hi Damien abundant again pretty good very timely for a quick conversation about whats going on in the banking sector for the last couple of weeks uh and I the fundamental question is is this you know just a little flash in the panel or is it something more docHub and serious and how do we actually interpret what Earth is going on yeah is is this the big one um look I mean my initial thoughts when it happened was um you know there are sort of quite idiosyncratic um things happening with the banks that are that were initially in there that initially starting to fall over so Silicon Valley Bank um in particular you know had this this setup where it was um very different to a Traditional Bank in terms of the way it was one very concentrated depositors