I’ve been down with ’flu (or Covid?) for a few days, so this is just a few incompletely-baked ideas. SVB and Credit Suisse The story of Silicon Valley Bank’s failure has been told plenty, probably best by Matt Levine (here, here). One widely-quoted passage:
Agree. A dangerous game, the internet builds cooperation, Chat GPT, Silicon Valley investors a force of good in society? No - most definitely NOT.