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E120: Banking crisis and the great VC reset
All-In with Chamath, Jason, Sacks & Friedberg
The Scandal of the Banking Crisis
The Wall Street Journal editorial board, which I respect a lot, mischaracterize what me and Ackman were trying to do in terms of drawing attention to a regional banking crisis. They called it spreading panic. And depositors are not to blame for what's going on here. The sun's spike in interest rates is because we've had the most rapid Fed tightening cycle in our lifetimes.
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