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4min chapter
The SVB Debacle: The Biggest Myths, the Out-of-Control Blame Game, and the Worst Takes
Plain English with Derek Thompson
Introduction
The death of Silicon Valley Bank and the banking panic that it almost sparked. The economic roundtable brings back Michael Batnik and Ben Carlson, co-hosts of the Animal Spirits Podcast. We are living in the ashes of a LIRP economy with zero interest rate policy from the Federal Reserve. This bank was trading like it was crypto or the Metaverse or some sort of tech startup.
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