Breaking News: Major Tech Lender Silicon Valley Bank Fails!

[bnew]

https://archive.is/xSxMv

 

[bnew]

https://archive.is/rAOff

 

[bnew]

https://archive.is/iAw4N

 

[bnew]

https://archive.is/moU61

 

[88m3]

Sounds like SVB's holdings weren't vey risky

I have to wonder if any crimes were committed to create this bank run, this doesn't seem very organic

 

[dora_da_destroyer]

Tech and Banking are decaying before our eyes breh

 

[Pressure]

Sounds like SVB's holdings weren't vey risky

I have to wonder if any crimes were committed to create this bank run, this doesn't seem very organic

Time to slap the YOLO button!

 

[bnew]

Tech and Banking are decaying before our eyes breh

move fast, break things.

 

[Json]

I feel like the underlying problem with all these bank crisis is too much stuff is on loan/credit now.

This desire to keep everyone in perpetual debit has put the banks in a place of constant crisis. Like I said before, 4% interest rates shouldn’t be a big deal. It’s that interest rates were so low for so long that just piling on credit seemed like a good idea.

 

[ADevilYouKhow]

Hodl mode activated???

 

[Payday23]

 

[Payday23]

 

[ogc163]

 

[PoorAndDangerous]

On the one hand it's fascinating to see a social media caused bank run, but on the other hand, it's scary to see the real damage caused by social media. I hate to see the damage a nation state might be able to pull off now that Twitter has gutted all of their safe guards

we've been seeing the damage of social media for like the past 4+ years, and its just heating up with A.I. and deepfakes.

 

[Payday23]