John Stoehr
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1. We’re in another moment in which the makebelievers makebelieve a makebelieve thing, and everyone else – let’s call them the spoilers – respects the makebelieving of the makebelievers just long enough to ask themselves whether the makebelieve thing real.

It’s not *real*.
09:26 AM - Mar 17, 2023
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John Stoehr
A
In response to John Stoehr.
2. I’m talking about the narrative that’s been building since Friday when the Silicon Valley Bank collapsed. That was a BFD. Fear and panic seem to be spreading. The government seems to taking action.
09:27 AM - Mar 17, 2023
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John Stoehr
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In response to John Stoehr.
3. As of this writing, Bloomberg reports that First Republic is “getting $30 billion from the biggest US banks in an effort brokered by the government to stabilize the lender.” This is serious business.
09:27 AM - Mar 17, 2023
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