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Re:Joint Statement by the Department of the Treasury, Federa... by AmericanOP on Sunday March 12, 2023 @06:54PM (#35127568)
SVB has assets but not liquidity. This is not like 2008 where the assets themselves are worthless.
Re:Joint Statement by the Department of the Treasury, Federa... by YZF on Sunday March 12, 2023 @08:13PM (#35128655)
Aren't they (at least some large portion of the assets) mortgage backed securities, i.e the same sort of stuff like 2008? If the economy collapses and the housing market collapses then they can become worthless. Very different than lessay US government bonds. Right now they're worth their market value which right now isn't worthless but also isn't enough...