Silicon Valley Bank Explained 🏦 —SVB fails. A confusing labour market. And people are still using floppy disks.

We explain the collapse of Silicon Valley Bank.Headlines announcing layoffs continue to crowd our feeds, and yet there are very few signs of cracks in the Canadian and US labour markets… so, what gives?Remember floppy discs? You might not! Used to store data way before the cloud and USBs, they haven't been commonly used since the 90s. But they're still kicking.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO