No bailout for SVB, no buyers either
Looks like tomorrow will be a bloodbath https://apnews.com/article/silicon-valley-bank-bailout-yellen-deposits-failure-94f2185742981daf337c4691bbb9ec1e?utm_source=homepage&utm_medium=TopNews&utm_campaign=position_04
Hedge funds are offering to buy
There should be no talk abt federal bail out of anything. Many of 2008 bail outs have distorted the economy, yes some where needed to prevent deflation . In today with high inflation and rapid decline i standard of living priority should be controlling inflation even at the expense of economic pain.. the inflation reduction act, infra bill and so on were unnecessary since 2021 and all those fiscal policy expansion was on top of 0% interest, we were very close of hyperinflation !!!
Blinders are obviously disproportionately pro-tech and given SVB's customer base, it makes sense there's a bit of "panic" here but those that worked in banking industry in 07/08 fully understand this is nowhere near a financial crisis. Now if we find out in the coming week that other banks put themselves in the same precarious position then that would be a different story.
You literally just need basic understanding of finance But unfortunately the US higher education system is not trying to make sure everyone has a good understanding of financial markets
UK aid is not bail out, its loc.. same thing can be done in usa as well
Smaller bank run and corporate bond crash in coming weeks is very well Possible. Who in the right mind is lending carvana money at 20%??! And several such companies?? When they fail who bails them out?? Tax payer ?? Why ? Enough with the greed
They don’t need a bailout… Everyone here suddenly became an expert in financial markets
Why did they get shut down then?
Then explain to us, business daddy