They are gonna do it again..
Discussion
I don’t see how they couldn’t with the current trajectory.
SVB is a 40yr old bank familiar with leveraged money. They survived 99 and 08. This time the problem was caused by the FED. Just wait until all the others start popping up. Janet will pivot her stance quick.
Bro yes.
Imo:
Putin is killing off and sanctioning billionaires to reclaim wealth/power
The US gov is causing systemic collapse to achieve the same thing
The collapse happened because they were overly reliant on previous interest rates to make ends meet
It's def going to happen again, I don't know who they're trying to bullshit, saying it's an "isolated event"
Every bank in the country operates the same way
SVB was just the most vulnerable, so they collapsed first
The question has become, who is the next domino?🤷♂️🤔