3 ms·
Who cares about the financial system? What does it mean for the startup sector and companies that trusted SVB with their money? And what if SVB is just the tip
by DeathArrow 4y ago
Who cares about the financial system? What does it mean for the startup sector and companies that trusted SVB with their money?
And what if SVB is just the tip of the iceberg?
Maybe the governments should start better regulating and supervising the banksters and offer no bailouts using public money. Let the wrong doers be the only ones suffering from their mistakes.
- philjohn 4y agoI mean - if we have another widespread banking crisis, people will die - literally. When GDP falls, excess deaths go up.
- rco8786 4y ago> And what if SVB is just the tip of the iceberg? > Who cares about the financial system? Genuinely confused. We care about the financial system because “what if svb is just the tip of the iceberg”