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A comment on Bank Run at Silicon Valley Bank. Parent comment

Re:Bank Run at Silicon Valley Bank by sanderjd on Monday March 13, 2023 @01:33PM (#35139253)
Like I've been saying, businesses either rely on lending, or they rely on a state directing things from the top down. The alternatives are giant sovereign wealth funds. I think lending is much better.

I've actually come back around on the GFC thing :) The way in which it's the opposite is that with the GFC we had low inflation and high unemployment and right now we have high inflation and low unemployment.

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Re:Bank Run at Silicon Valley Bank by brutusborn on Friday March 17, 2023 @01:38AM (#35193570)
You can keep repeating yourself, but it is still false. I've provided an existence proof of why it is false, and you have supplied..."I've been saying"

The GFC was caused by bad lending regardless of the levels of inflation and employment. Of course you are free to keep believing it's the "opposite." Doubling down on preconceived ideas is a pretty good strategy to never learn anything new. I'd prefer if you would provide a reason for your beliefs because I might learn something if your reasons contradict my own. Sorry if I sound harsh but it feels like I'm responding to an echo.

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