Mar 11, 2023
10:40:08pm
10:40:08pm
Causing paranoia. People running on the banks, withdrawing capital.
Potentially leaving banks insolvent.
Some banks with lots of investments in is treasuries have added risk.
Remember, vast majority of us are good to go in accounts with <$250k
If fed doesn’t back the deposits, could be REALLY ugly on Monday. Like REALLY bad.
Contagion spreading
https://twitter.com/mikealfred/status/1634783756656492544
Some banks with lots of investments in is treasuries have added risk.
Remember, vast majority of us are good to go in accounts with <$250k
If fed doesn’t back the deposits, could be REALLY ugly on Monday. Like REALLY bad.
Contagion spreading
https://twitter.com/mikealfred/status/1634783756656492544
Originally posted on Mar 11, 2023 at 10:40:08pm
Message modified by ABN RGR on Mar 11, 2023 at 10:40:51pm
Message modified by ABN RGR on Mar 11, 2023 at 10:46:46pm
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3/11/23 10:34pm
3/11/23 10:42pm
The heart of venture capital in the US losing hundreds of billions and losing any appetite to invest in the industry
3/11/23 10:43pm