Macro Musings with David Beckworth cover image

Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy

Macro Musings with David Beckworth

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Is SPB a Case of Insolvency or a Liquidity Crisis?

Sebastian: Is it safe to say that SPB was truly a case of insolvency versus say a liquidity crisis? He says banks business is their balance sheet. So if they can't get anyone to do business with them, you're out of business. "There's probably a larger conversation to be had about exactly what's insured and not insured," he adds.

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