Are we talking about a major banking crisis? Maybe we are

Stories play an important role and influence the economy This is the thesis of Nobel Prize winner Robert Shiller in his book published in 2019 entitled "Narrative Economics. How stories spread and drive important economic events" (translated). Banks also live to a large extent from "trust". If trust is lost, investors withdraw money and liquidity problems arise. If everyone remained calm, SVB and Credit Suisse might be in a better position. Especially in this day and age of the internet and social media, stories go viral at breakneck speed. Central banks, institutions and politicians usually counter this with "Whatever it takes". The chart shows that the term "bank run" played a significantly greater role in the 1920s/1930s and since the 1990s than in other decades.