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Reply to "SVB Bank Run: Fed Calling Emergency Meeting "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Serious question … how does this affect most Americans, not your DCUM types? Will they realize that anything happened?[/quote] Yes, regular people are not getting their paychecks, because their company uses SVB or their small company outsourced accounting services to bigger firms that had the money in SVB. For a regular person, it can mean no paycheck.[/quote] The following question is whether that is a significant number or not. If it is small, the US burps, excuses itself and moves on. My brother who is usually on top of the news hadn’t heard about any of this until I told him this evening. It got me thinking that people aren’t paying g attention.[/quote]
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