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> First SVB was bailed out by FDIC funds which all banks pay into. And from where this money is coming from you think? From you and me and everyone else becaus
by lossolo 4y ago
> First SVB was bailed out by FDIC funds which all banks pay into.
And from where this money is coming from you think? From you and me and everyone else because costs of doing business are transferred to clients, so to the whole society because almost everyone have a bank account.