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Sunday, March 12, 2023

Banksters, bonds, and failure; the next pandemic dead ahead

I’m going to leave “economic reports” for later – why bury the lead (lede)? Silicon Valley Bank (SIVB) collapsed on Friday.  Excuse me, what I meant to say was: US regulators have shut down Silicon Valley Bank (SVB) and taken control of its customer deposits in the largest failure of a US bank since 2008 …

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