people seem to forget that Treasury initially took the same tough-love approach in 2008 and then utterly cratered when they realized there was never really a ch

people seem to forget that Treasury initially took the same tough-love approach in 2008 and then utterly cratered when they realized there was never really a choice this isn't 2008 but the logic is the same...Yellen will talk tough as long as the fallout is limited to boutique banks like SVB...otherwise it will be TARP part two and she knows it