/biz/ - Business & Finance

>>54075482
Please come back to me about WHY banks failed in 2008, and then let me know WHY SVB failed. Are they the same? Now kill yourself.

>>54041433
Listen dumbass.
SIVB was fucked no matter what, because it was run by retards who didn't hedge for shit. Everyone is already bidding for their treasuries, even hedgies are salivating for the pieces.
That said, as for Jpow imagine this; You're currently faced with among two problems, inflation and and a skewed supply/demand in the jobs market.
Inflation was primarily caused by excess liquidity from covid stimulus. Liquidity needs to go down, and rates are slow acting. Now SIVB comes along who is known for it's malinvestments and poor risk managment, where nothing of value would be lost should it go down, and best of all it poses no systemic risk. It goes down, BOOM liquidity issue is fixed.
Job market? Fixed as well, from VC's getting shafted not being able to make payroll. Zombie startups connected to SIVB will have to axe employees fixing the the skew in supply and demand.
4D-chess move or retard luck? You be the judge.

>>51054178
>I'm really ugly and people see me as beneath them
Same here but who gives a fuck. I still enjoy my life because I've come to the realization (maybe cope, but who cares) that it's all just a wild ride. I'm only shitting all over my experience by crying over some shitty rolls in appearance.