The US bank crisis seems to be getting worse every day. If you’re worried about your money in the local banks, you are not alone. That said, we think the local banks are pretty safe for now, I share reasons why. But first, let’s get you up to speed on the US bank crisis: What sparked the US bank crisis? You should have a good idea of what’s going on in the US bank crisis by now. If not, you can read our post about what happened in the United States here. In essence, Silicon Valley Bank, which specializes in financing tech start-ups, went bankrupt the week before. This comes after the bank invested heavily in long-term US government bonds, which ultimately saw their value plummet when central banks raised interest rates. Due to its highly concentrated start-up customer base, which required additional financing owing to the poorer economic conditions...