WHAT ARE THE CHANCES THAT SVB / SIG / CS WAS AN ISOLATED INCIDENT
How fucking dumb can people be???
It could be isolated to most of the banking industry?
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It’s not even close to isolated to banking. It just hit these players first.
True insurance companies are exposed to the same duration risk.
Yeah but they are better capitalized and it’s harder to get run (lotsa ppl need to die at once).
But you’re on the right track!
