2 ms·
You and your tax dollars depend on the USD being strong, and global trust in US banks. It's a worthwhile investment for taxpayers to make depositors whole to ma
by a13n 4y ago
You and your tax dollars depend on the USD being strong, and global trust in US banks. It's a worthwhile investment for taxpayers to make depositors whole to maintain that trust.
Capitalist society runs on free markets and good regulation. We let SVB bypass good regulation here, and that's our painful learning lesson that needs to be paid for.