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Episode 277: Unbank Yourself

TrueAnon

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The Affair De SVB

I think the venture capitalists and their lackeys in the government did not cover themselves in glory during this whole affair, affair de Svb. But I will say that the bank probably would have been fine. It was forced to sell some of that portfolio because deposits were fleeing. And so the problem was the deposit base. All these asshole guys, you know, they either saw weakness or they saw an opportunity. So it's like, I don't have a lot of sympathy for pretty much anyone involved in any of this.

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