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www.struggle-la-lucha.org | ||
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www.eliza-ng.me
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| | | | | The recent news of the demise of Silicon Valley Bank (SVB) has sparked debate over the role of government in protecting depositors and ensuring that banks do not become a burden on taxpayers. SVB's failure was caused by its heavy investment in long-term bonds, whose value dropped when interest rates rose. This left the bank unable to meet its obligations to depositors, who would have lost their money had the government not stepped in with emergency funds. | |
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brutalproof.net
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observer.com
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| | | | | Silicon Valley Bank, a commercial bank mainly holding deposits for venture capital-backed startups, was taken over by the federal government today (March 10) after a bank run drained its cash reserve and a last-minute effort to raise capital failed. | |
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conversableeconomist.com
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| | | There are of course a variety of reasons unrelated to economic policy to choose between Kamala Harris, Donald Trump, and other candidates running for President of the United States. But as an economist ... It would be nice to vote for someone who acknowledges that the US budgets and the accumulating US debt are a | ||