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[quote=Anonymous][quote=Anonymous]All of tech has their accounts at svb this is bad, time to cut the rates, tech is being destroyed in all fronts, the jobs numbers prove it[/quote] Ridiculous, the whole point of raising rates is to discourage the SVB risk strategy. This bank failure is proof that the fed was right, and hopefully we are catching it in time. Small pains now are necessary to catch these brittle cracks before we have real problems. Did you really think we could just print more money forever? [/quote]
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