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Exactly. I was speaking with my attorney about this the other day because he also advises numerous banks. He explained to me that balancing short and long term
by evantbyrne 4y ago
Exactly. I was speaking with my attorney about this the other day because he also advises numerous banks. He explained to me that balancing short and long term investments to handle withdrawals is a basic aspect of modern banking, and SVB should not be viewed as a signal of a more widespread bank collapse.