The long-running animated comedy The Simpsons is credited with making several on-screen predictions that have come true. Users on Twitter are spreading an episode of The Simpsons that shows a bank run.
What happened: On Friday, the Silicon Valley bank collapsed and saw the bank shut down and taken over by the FDIC. One of the reasons for the acquisition was liquidity issues, compounded by users quickly withdrawing their funds on Thursday.
Silicon Valley Bank, a unit of SVB Finance Group SIVBHe may have witnessed a so-called “bank run”. If customers withdraw money at increasing rates at short intervals, a bank run can occur.
The phenomenon was marked previously in an episode of “The Simpsons”.
“What do you mean the bank’s out of money,” Bart Simpson says in an episode at a bank office.
Simpson is also heard saying the bank is “bankrupt” and only has enough cash left for the next three customers.
Simpson’s comments are causing many at the bank to rush to the teller counters to request money to withdraw.
“I don’t have your money here, it’s at Bill’s house and Fred’s house,” the bank teller tells customers.
“What the hell are you doing with my money in your house, Fred,” says Moe Szyslak.
The statements made by the bank director caused an uproar and arguments among bank customers.
The scene was part of the episode titled “The PTA Disbands” which aired in 1995. The episode is from the sixth season of the comedy series and is the 21st episode of the season and the 124th episode overall.
The edited clip on Twitter shows that the building is called the Silicon Valley Bank in the episode, but it was changed from the original episode, which featured the First Bank of Springfield, a fictional bank.
Related link: Did The Simpsons Predict Elon Musk Buying Twitter? This 2015 episode might have been prophetic
Why it matters: The clip from “The Simpsons” is reminiscent of a scene from the movie “It’s a Wonderful…
[ad_2]
Source story