Update: I found a 4th link. This is an update.
The Bank Run Genie Is Out Of The Bottle
Silicon Valley Bank Swiftly Collapses After Tech Startups Flee
Cops Called to Silicon Valley Bank Manhattan Branch After Group of Investors Try to Pull Out Cash
This can't be good. Apparently a few banks are starting to crack at the seams and go all bollywonkers. Or is it wolly's gonna bonk her.
2 bank failures in 2 days is not an auspicious way to start the month.
Don't know if this is a portent of the future, but just in case maybe we better start battening down some hatches.
something called new republic bank went tits up too.
ReplyDeleteThis is how 1929 started, just a few banks at first, then a tidal money wave...
ReplyDeleteBe sure to check the official narrative during your wait time for the bank teller monday morning. It might help decide to get some or all .
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