AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is the Government Paying Attention to Twitter?
The difference with this bank run and say the 2008 financial crisis is that we have outsized powerful people with great influence who had a vested interest. And they were screaming on social media, which meant that they could fear longer. That created a lot of pressure on the government, more pressure than they already faced. Yes, but I don't think the government's paying attention to Twitter. It just creates a situation of contagion.