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Can’t be the only one who thinks this is possibly a ploy by VC bros to make Fed blink on interest rate hikes. Only they could have triggered such a bank run and
by lvl102 4y ago
Can’t be the only one who thinks this is possibly a ploy by VC bros to make Fed blink on interest rate hikes. Only they could have triggered such a bank run and only SVB.
- bagacrap 4y agoSo far it's worked out brilliantly for tech megacaps
- Dr_Birdbrain 4y agoInteresting idea. If so, it was a risky gambit, and also they only get to do it once, because the next bank is bigger than SVB. Do they really care enough about lowering interest rates to play such a risky gambit, which can only be played once? Also we are coming on the debt ceiling limit at some point in the next few months, which might trigger a crisis of its own. If I were a VC I wouldn’t play my one-time hyper-risky card before seeing how the debt ceiling shenanigans play out.
- lvl102 4y agoDebt ceiling is a political game and VCs definitely have politicians under control.
- __derek__ 4y agoNo, you're not the only one:[1] > It’s important to take the time to celebrate that the VC’s attempt to gin up a banking crisis to pause rate increases failed and now they’re well and truly boned [1]: https://twitter.com/SMTuffy/status/1638609733702524936?s=20 https://twitter.com/SMTuffy/status/1638609733702524936?s=20