PacWest is down nearly 60% after hours. I remember watching this happening the last time. I was just starting the married life and hoping to start a family. I remember being worried in 2009 when we couldn't pay our mortgage. It was scary. I feel sorry for those that are going to get wrecked this time around. 🫂
Shit. They really do just keep coming.
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It's like a deer in headlights. It's hard to not watch.
The thread of optimism here is that it will hopefully open more people's eyes to the problem bitcoin fixes.
It could happen.
It looks like PacWest for sure, and then markets don't seem too certain about Western Alliance, either.
