Home Depot Founder Asks Americans to ‘Wake Up’ After Silicon Valley Bank Collapse

Home Depot Founder Asks Americans to ‘Wake Up’ After Silicon Valley Bank Collapse
Police officers leave Silicon Valley Bank's headquarters in Santa Clara, California, on March 10, 2023. Noah Berger/AFP via Getty Images
Frank Fang
Frank Fang
journalist
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Home Depot co-founder Bernie Marcus asked Americans to “wake up” to the reality that the U.S. economy is in “tough times,” following the collapse of Silicon Valley Bank (SVB).

“I can’t wait for [President Joe] Biden to get on the speech again and talk about how great the economy is and how it’s moving forward and getting stronger by the day. And this is an indication that whatever he says is not true,” Marcus told Fox News on March 11.
Frank Fang
Frank Fang
journalist
Frank Fang is a Taiwan-based journalist. He covers U.S., China, and Taiwan news. He holds a master's degree in materials science from Tsinghua University in Taiwan.
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