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[DDIntel] Innovations and Systematic Collapses
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[DDIntel] Innovations and Systematic Collapses

Justin Chan, Ph.D.'s avatar
Justin Chan, Ph.D.
Mar 26, 2023
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[DDIntel] Innovations and Systematic Collapses
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What happens when you invest most of your liquidities, as a bank, and people want to withdraw money? The answer to that is that you copy what Silicon Valley Bank did recently.

Silicon Valley Bank had a bank balance that would make even Jeff Bezos ($122 billion net worth) blush. With a deposit balance of $200 billion, they were swimming in money like it w…

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