Here we go again. And add Signature Bank - the bank to the crypto industry - to that list. It is also being bailed out. Bailouts and Bulls***: Fed Officials Claim ‘No Cost to Taxpayers’ in SVB Deal
Less than 72 hours ago, Janet Yellen was saying there wouldn’t be a bailout of Silicon Valley Bank. Now there is a bailout, which everybody is nevertheless trying to pretend is not a bailout
So much BS.
This whole regime of no consequences and no accountability, where the politically connected are protected, obviously cannot go on forever.
So much fail, and yet they are not allowed to fail.
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