Smiley
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Share your thoughts on the bank collapses in the US this past week: Pretty crazy stuff man! To think that a BANKING system is so delicate so much so that if many people withdrawal their funds...it collapses...I mean, that's just WILD to me.
03:48 PM - Mar 13, 2023
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Dreggas13
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In response to Smiley.
SVB's issue was it was very top heavy, most of the assets were for a small set of companies so risk was even higher.
03:50 PM - Mar 13, 2023
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