from Balaji | by Balaji

It's not a bank-specific issue. It's a central bank issue. t.co/b5dPINBBj2 t.co/SIuOOhy9Nv

I see people on the right posting about the climate bonds SVB bought and people on the left talking about their regulatory posture or whatever. All of that might matter if the issue that took down SVB was specific to SVB. It is not. t.co/DKa6G89p6x t.co/ENqcHpMl3t

By the way, just to engage this for a second... I have no money in SVB. I do know about it though. It's a startup bank. It banks immigrant founders and guys in garages. People without visas or years of audited financials. The aspiring not-yet-new money. As opposed to (say)… t.co/5Axrf2R94k t.co/b5dPINBBj2