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The new watchword: Contagion

11 03 2023

And we don't mean .

Over the weekend Crypto, Silicon Valley Venture Capitalists, Silicon Valley Bank, Banks associated with Silicon Valley Bank and Silicon Valley implode.
When markets open the world will watch to see if panic rules the day.

LINK –  https://www.youtube.com/watch?v=tbc1ooJWG3I

 

 

SVB plummets 60% after higher interest rates spark billions in losses on a $21 billion bond portfolio

NYPD called to Silicon Valley Bank branch as depositors attempt to pull cash

The Bank Run In Silicon Valley by Portfolio Armor

Silicon Valley Bank failure could spark run on regional banks

Startups and VCs Scramble to Pay Employees After SVB’s Collapse

 

 


Comments : 17 Comments »
Tags: billions in losses, contagion, crypto currency, dollar peg, domino effect, dominoes, loss of confidence in banking, loss of confidence in crtpto, loss of confidence in financial markets, pull all their assets out of the bank, run on banks, run on Silicon Valley Bank, Silicon Valley Bank, SVB, venture capitalists
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