AndronETalksNews
AndronETalksNews
Zero Hedge
By Tyler Durden – March 10, 2023
For most people in America, the news that a ‘bank in Silicon Valley’ has failed will be forgotten quicker than a story about soaring shoplifting in their local supermarket.
It shouldn’t.
Reality is that the contagion of the shuttering of the 18th largest bank in the US are widespread.
SVB is in fact the second largest (by assets) bank failure in US history after WaMu.
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