THE SILICON VALEY BANK COLLAPSE EXPLAINED, SORT OF … or … THE TYRANNY OF DEBT
BY DAN VALENTI PLANET VALENTI NEWS AND COMMENTARY (FORTRESS OF SOLITUDE, WEDNESDAY MARCH 15, 2023) — It’s bad. How far, how farther, will the failure of Silicon Valley Bank (SVB) infect the U.S. economy? Already, two other large banks have failed. Moody’s just downgraded the ratings of U.S. bank stock from “stable” to “negative.” Moody’s […]