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Jean-Edouard Colliard is a financial regulation professor at HEC Paris. He previously worked as Economist at the European Central Bank where he gave policy advice to the ECB, including at the highest level.

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The video describes the recent banking crisis in Silicon Valley, where three banks including Silicon Valley Bank failed, causing bank runs and putting pressure on other banks like Credit Suisse. This is reminiscent of past US banking disasters such as the Great Depression and the 2008 recession. Many economists predict that more banks around the world will face similar pressures, and the video raises important questions about the causes and potential consequences of these failures.

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