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posted ago by Sadness ago by Sadness +15 / -0

Australia pundits believe that the SVB crash could hit them

https://www.6pr.com.au/biggest-bank-crash-since-the-gfc-could-hit-australia/

New Zealand had three firms directly implicated, so the National party (similar to centre mainstream Republicans, but a WEF minion at their head) called for an enquiry,

https://www.stuff.co.nz/business/131487417/nationals-nicola-willis-says-govt-has-signalled-banking-market-study-will-be-called

but of course the Labour party (similar to Lib Karens, also WEF minions) said no, no, no that would not be necessary. LOL at equity hires sticking heads in sand:

https://www.nzherald.co.nz/business/no-deal-for-nationals-banking-inquiry/S6ZLDJUT7FBF3EEKP4HZLMKIHA/

Some private individuals are a bit more pessimistic: https://thedailyblog.co.nz/2023/03/13/what-the-real-issues-with-nz-banks-are-and-what-silicon-bank-failure-really-means/