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A comment on SVB shows that there are few libertarians in a financial foxhole. Parent comment
They bet billions on zero interest rate policy and didn't hedge that bet.
Glut or no glut, would have failed just like LTCM or any other huge bets that failed to consider tail risk.
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They bet billions on zero interest rate policy and didn't hedge that bet.
Glut or no glut, would have failed just like LTCM or any other huge bets that failed to consider tail risk.