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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Is There a Recessionary Impact?
The way that FDIC is paid for, that two hundred fifty thousand dollar insurance is the banks actually pay an insurance premium to the FDIC. And so what needs to happen, I'm sure will happen, is a dramatic increase in the insurance premiums that are paid by banks. Along with much more stricter, like regional banks are going to get the hardcore rules that are applied to the big banks applied to them. But there will be an economic impact, which is credit is important from banks. That is what drives economic growth.
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