Yesterdays bailout was the put heard around the world.
The trust in the current financial system was already on the verge of collapsing, now it’s in a total free fall.
STACK THOSE SATS FRIENDS AND DON’T EVEN WORRY ABOUT BEING HUMBLE.
They bailed out Silicon Valley Bank?
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They sure did, and Signature Bank for good measure.
Sad. But also predictable. Literally the day after Yellen says bailout is unlikely.
Where did you read this? the all in pod gave me more details, now I’m curious.