Regulators have long warned that the end of rock-bottom interest rates could cause sudden crises in unexpected corners of global finance. So when Silicon Valley Bank surprised the market with plans for a share sale and a $1.8 billion loss on securities sales, investors were left wondering if its problems were isolated or the harbinger of a broader funding crunch in credit markets. Major banks are much better capitalized and far less leveraged than they were in the lead-up to the global financial
Pro-authoritarian counter argument from one victim of Communism: “But the routine recession is unavoidable and it must be worse under any system other than Capitalism so you should not try to solve it!”
Almost as if this happens in cycles.
and almost as if we’re due
Dammit. The commies were right again.
How does it just keep happening!
Must be some black magic, how they can just know those things about capital!
You’ve heard about Juche Necromancy, now get ready for Juche Clairvoyance
I think its a bit older than Juche. It is called Marxist Clairvoyance.
Pro-authoritarian counter argument from one victim of Communism: “But the routine recession is unavoidable and it must be worse under any system other than Capitalism so you should not try to solve it!”