4min chapter

Plain English with Derek Thompson cover image

The SVB Debacle: The Biggest Myths, the Out-of-Control Blame Game, and the Worst Takes

Plain English with Derek Thompson

CHAPTER

The Great Depression and the SBB Bankruptcy

"There's a lot of hysteria going out there, people trying to figure out different ways to make the blame game," he says. "I don't think we need to take a step further and make it any more difficult than it needs to be." The Wall Street Journal has been publishing continuously since the 1880s; they were banking panics in 1884, 1890, 1899, 1901, 1907, and 1908 when the banks were exclusively run by men who were white. It seems at least possible to me, Michael, that we might have averted a banking panic,. Joe Biden just might not be punished because you are never punished for the panics and crises that the public doesn't experience

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