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> no contagion has spread What are you talking about? This is contagion from FTX/Silvergate/SVB/Signature/Credit Suisse, all of which have failed in recent we

> no contagion has spread What are you talking about? This is contagion from FTX/Silvergate/SVB/Signature/Credit Suisse, all of which have failed in recent weeks.

JumpCrisscross 3y ago
> is contagion from FTX/Silvergate/SVB/Signature/Credit Suisse SVB joined that party de novo. Silvergate and FTX were coupled. Signature was to both crypto and SVB. First Republic to SVB. I haven’t seen a great source for linking First Republic and Credit Suisse, though I could see some shared funding channel being shrapnelled.
- cuteboy19 3y ago
  Credit Suisse was it's own separate glacial disaster
unicornmama 3y ago
Each of those bank failures taken individually did not cause the other banks to fail. They each failed due to their own issues in isolation. Thus it may be incorrect to say that there is a contagion.
- mejutoco 3y ago
  One could claim the contagion was the erosion of trust in smaller banks.
  - bhaak 3y ago
    Credit Suisse was not a smaller bank until they fucked up pretty hard to become one and then failed completely.
    - qwytw 3y ago
      Credit Suisse was not that related to the others. It was an investment bank first and foremost.
- HPsquared 3y ago
  Exactly.. It's less a cascading failure, more a common-mode failure.
- roflyear 3y ago
  But how can you say events are unrelated when they happened close to each other /s