189 I hate giving Reddit the traffic, but this Wallstreetbets thread re: SVB is important. Very well researched, with receipts. And it doesn't look good. Hold on to your butts! (www.reddit.com) posted 1 year ago by catsfive 1 year ago by catsfive +191 / -2 r/wallstreetbets - Why SVB is just the beginning, Analysis of the fall of SVB from a Financial Analyst 1,367 votes and 630 comments so far on Reddit 35 comments share 35 comments share save hide report block hide replies
That makes more sense than the OP. Companies have doubled their spending with higher labor and material costs. And they did not account for this increase. Their are bigger banks with much worse balance sheets.
I don't disagree with this... in fact, it seems to be more accurate (I am not qualified to actually know).
Still... even if this is accurate, does this mean that there are no broader ramifications of the SVB implosion? It occurred in its own vacuum?