I hadn't seen Trump blamed for SVB's collapse - which resulted from rising interest rates more than anything else. Long term loans that pay lower interest than short term borrowing costs creates a liquidity crisis. But sure and predictably enough....
When you have a president that you know is lying whether his lips are moving or not.....
Ha Ha! I second these thoughts. Good essay.
Life is a tragedy to those who feel, a comedy to those who think.
I hadn't seen Trump blamed for SVB's collapse - which resulted from rising interest rates more than anything else. Long term loans that pay lower interest than short term borrowing costs creates a liquidity crisis. But sure and predictably enough....
https://www.foxbusiness.com/politics/liberals-blame-trump-silicon-valley-bank-collapse-citing-2018-bipartisan-bill