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A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment
I don’t have any money in SVB nor anyone I know.
However, I have a vested interest to lower the risk of a contagion.
I think the ROI to the US economy should make sense for a bailout.
It sucks. And I’m once again paying with my tax dollars. But a deposit bailout, while shaving a few percentage off seems to make sense.
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I don’t have any money in SVB nor anyone I know.
However, I have a vested interest to lower the risk of a contagion.
I think the ROI to the US economy should make sense for a bailout.
It sucks. And I’m once again paying with my tax dollars. But a deposit bailout, while shaving a few percentage off seems to make sense.