28 Mar 2023 6:04 pm
Funny how deregulation of banks keep causing banks to fail. Trump repealed parts of the Frank-Dodd act. SVB failed and you guys blamed Biden with zero proof that Biden actually caused it.Buffalo » 28 Mar 2023, 10:47 am » wrote: ↑ Why do you continue to believe the lapdog, liberal talking heads and pundits that keep you a ****, liberal IDIOT?
SVB collapsed because of large unrealized losses on low interest government securities, which became a problem when the Federal Reserve raised interest rates to combat the INFLATION caused by braindead biden's EXCESSIVE spending and the value of those securities dropped.