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> Banks are not investing. Yes, they are. How do you think they make profits? How do you think this happened to SVB? Their investments were illiquid and they w
by jwestbury 4y ago
> Banks are not investing.
Yes, they are. How do you think they make profits? How do you think this happened to SVB? Their investments were illiquid and they were not able to convert them into cash fast enough to return deposits to their customers.