The world has learned its lesson well. During 2020 Covid shutdown, everybody start printing free money and support its own people. Bank gives moratorium. This is to make sure no major financial crisis happen. Now bank's crisis. Very quickly each country contain their own crisis. US government stepped in to guarantee SVB depositor full payment. Bank of England get HSBC to acquire SVB's UK arm almost immediately. Swiss National Bank lend US54B to Credit Suisse to prevent catastrophe share plunge.

The western has learned well so far. The authority will step in and step in FAST to prevent further damage that may take a lot more money & time to solve later on. 2008 subprime issue takes 3.5 years to recover. They won't make the same mistake anymore by letting small crisis becoming BIG CRISIS.