There’s no way to prove it at this point, but it’s no major reach to suggest that a substantial majority of those commenting on Silicon Valley Bank’s (SVB) failure had never heard of it before March 10th, or hadn’t much contemplated it if they had. Yet with SVB having been shut down by the FDIC on the 10th, most who comment on economic and financial matters have offered pretty confident assertions about why it failed: the customers (readers) want a villain, and the pundit class will give if to them.
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