Isn't it was expected. ?
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Does anyone care about the failure of Silicon Valley Bank?
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I don't know what this is about and I'm too lazy to look it up. But I've seen a few bank collapses in my life and it never has a significant impact in the long run.
As far as silicon Valley is concerned , they have been overdue for a MAJOR drop for at least 30 years. They have been sustained by marketing more than substance for way too long.
Why the hell are all those companies still in Silicon Valley? Move your headquarters and operations somewhere else already.
Completely unexpected and thats what drove the run , markets are markets , and runs on any bank are never good , banks rarely react the way the bank did , and hence 60% of value in a day , that puts massive pressure on any entity , the realisation in the tech sector did need to occur , as some of these big name players continue not to make any money at all , the names you know..
Will exacerbate the hyperinflation that has begun.
Please. Define "hyperinflation".
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