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Re:Yellen says government will help SVB depositors but rules... by epvgwwqe on Sunday March 12, 2023 @03:33PM (#35125066)
Are you for real? There is an AI arms race with China, for one. There is critical innovation across all segments happening in Silicon Valley, including defense.
Re:Yellen says government will help SVB depositors but rules... by shadowgovt on Sunday March 12, 2023 @05:15PM (#35126400)
That would be a good argument for bailing out a Raytheon or a Microsoft, companies that have a record of success in delivering on complicated software technologies, but not the average Silicon Valley startup.
Re:Yellen says government will help SVB depositors but rules... by epvgwwqe on Sunday March 12, 2023 @05:45PM (#35126689)
You can't throw the baby out with the bathwater. If the entire ecosystem is hurt it will affect the next Raytheon/Microsoft as well.