Normal stuff

I keep hearing how this time it’s different. That the banks are in better position than 2008. I listened to your Twitter Spaces today and someone explained it, but it didn’t make sense. Possible Informationist deep dive?

The Big Short vibes eh?

Should be B-

Covering themselves in glory yet again.

It's most satisfying that they were taken down by bonds of all things.

This is A rating behavior: "Silicon Valley Bank would not have lost money if they hadn't run out of cash to give back to their customers," he said. "The issue was that people wanted money and they didn't have it - they had it invested and those investments were down."

#[1] do you have paid relay with more detailed content?

James no report today?

So it’s dog shit, wrapped in cat shit?

I would buy back in here personally.

Hey James, gotta at least double post here 😂