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Mar 11, 2023Liked by Alex Wilhelm

i think you're correct that perhaps *all* banking regulations need to be systemically updated beyond what was done in 2008-09. One interesting note here, i read that SVB was just outside of the size which would have triggered additional liquidity requirements, again proving that brightline rules are just guesses at where regulations should apply vs not.

that said, i think it's ok to be generally angry at the monied classes but also realize letting SVB customers fail is going to hurt the 99% (or at least the 49%) more than it hurts the 1%

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