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vk6flab t1_jcdggaa wrote

I'm sorry, but why are you showing two failures when there are three - so far - in 2023.

> Three US banks failed within five days, the most prominent was Silicon Valley Bank (SVB), the largest bank to fail since the 2008 crisis. > > Two days after SVB collapsed, state regulators closed New York-based Signature Bank and last week, crypto-focused bank Silvergate announced it would have to wind down its operations. > > And there are warnings of more closures to come.

Source: https://www.newshub.co.nz/home/world/2023/03/finance-expert-issues-stark-prediction-of-what-us-bank-will-fail-next-following-silicon-valley-bank-collapse.html

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kmmontandon t1_jcdhji9 wrote

Does Silvergate really count? It was basically a crypto inflated facade of a bank over the last five or six years. It’s actual value was pretty small once the bubble popped.

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vk6flab t1_jcdjlhm wrote

Where do you draw the line as "counting", or not?

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kmmontandon t1_jcfc7eo wrote

How about "not having most of your assets in crypto"? You know, maybe having something that isn't just digital tulips?

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