2 ms·
Musical chairs for assets currently in SVB or at other banks? If SVB, it is probably too late to stop it, that game has already started and once a bank run sta
by ptero 4y ago
Musical chairs for assets currently in SVB or at other banks?
If SVB, it is probably too late to stop it, that game has already started and once a bank run starts only a miracle (or a powerful external actor) can stop it. If other banks I do not see a risk of contagion. And should the contagion spread to major banks feds will certainly step in (to save our core banking system, blah blah). My 2c.