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Timeline of Silicon Valley Bank Collapse: From Pandemic…

Timeline of Silicon Valley Bank Collapse: From Pandemic…

Timeline of Silicon Valley Bank Collapse:

  • 2020: The COVID-19 pandemic hits the United States, resulting in widespread economic shutdowns and job losses.
  • March 2020: The US government passes the CARES Act, which includes $2.2 trillion in economic relief to individuals and businesses affected by the pandemic.
  • Mid-2020: The Federal Reserve implements Quantitative Easing (QE) measures, including purchasing $4.5 trillion in bonds to increase liquidity in the