SVB has enough assets to cover their deposits. They just don't have enough liquidity. Depositors will get their money back, but it might not be immediately.
Small accounts (less than $200,000) will have their money in days, because those deposits are insured .
There is no reason for a mass bank run. Why not tell people the truth instead of demanding a ridiculous bailout? Is he trying to kill small banks?
SVB has enough assets to cover their deposits. They just don't have enough liquidity. Depositors will get their money back, but it might not be immediately.
Small accounts (less than $200,000) will have their money in days, because those deposits are insured .
There is no reason for a mass bank run. Why not tell people the truth instead of demanding a ridiculous bailout? Is he trying to kill small banks?
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