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by pksebben
1185 days ago
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"perfectly good" in this case reads a little like "fragile". We over optimize when things are good and then wonder what happened when there's a pothole. of course people are fickle and of course rates are going to change. Not being prepared for this is irresponsible. |
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All banks are vulnerable to a bank run, no matter how well they’re managed.
I agree with you though, SVB (and some others) failed in their risk management. Partly due to relaxed regulations I suspect.
However that doesn’t mean all the banks made the same mistakes. It’s easy to see why people are worried but a panic will only make things worse.