For the last 12 months we've been asking, what will bend and what will break as the Fed hikes.
With SVB's failure we have now have an answer.
Chartbook Newsletter #200 on the venture capital bank failure precipitated by huge bond losses.
adamtooze.substack.com/p/chartbook-20… https://t.co/2R9MjlIH7v
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…