Do Not Trust The Market

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SVB was heavily invested in US Treasuries, Treasuries fell by 1/3rd, caused by the fed rate being increased by 18x in a year, raised because of 10% inflation, inflation caused. by massive govt spending during the pandemic.

i always find it hilarious to hear John (who is the stepson of Goldman Saches chairman John Whitehead) rail against big banks.

Rare bad take from emilybazelon on student protest. Students have shouted over speakers for as long as there have been universities. Is it possible that GenX grew up in such a milquetoast era around public protest that we think “kids today” are overreacting?

No shit

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