The Misconception About the Crisis

A month after the collapse of Silicon Valley Bank, the US appears to have avoided the worst case scenario. Yet just below the surface, signs are mounting that credit is drying up in pockets of the economy at a worrisome rate. This seems to be fallout because crisis never go in a straight line. It's never just all it wants piling onto the system. No, that's not how these things work. We saw this coming all last year where we have the major events just because they were overseas. Most people didn't associate it with the monetary system, but still we had major disruptions last year,. particular September and October then. Everything seemed to be just fine and dandy until the end of

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