The SVB Collapse, How the Government Responded, and the Era in Tech that Ended This Weekend
Sharp Tech with Ben Thompson
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The Jerome Powell Bashing and the Rate Hikes
I'm surprised it's taken this long for like cataclysmic consequences given how quickly it's risen, how much the rates have risen. I do think it was really important to shut down signature bank because that was they were the second most exposed. But there is broad blame that can be placed where there should have never been this much money in the system. And you can also say that Silicon Valley Bank was horribly managed and is at fault.
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