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Re:FDIC Takes over Silicon Valley Bank by walrus01 on Friday March 10, 2023 @02:44PM (#35099810)
To be clear, I think MBS are morally wrong in how they're implemented in the market, yes.

A bubble 15 years ago? We're in a massive housing price increase bubble now.

Buying $80bn of MBS in the middle of a well-known housing price bubble is catastrophically stupid.

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