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54115466 No.54115466 [Reply] [Original]

SVB was the first major company to test "bail-in" proceedings.
>https://www.sec.gov/Archives/edgar/data/719739/000119312523064980/d375015d424b2.htm
This is the first time we've tested the OLA section of Dodd Frank.
The result was a bank run.
Now we're at a point, either we'll have bail-ins, and subsequently more bank runs OR we'll have real tax-payer funded bailouts and higher inflation.

>> No.54115640

>>54115466
This is nothing new
It literally happens every decade or two
Do you remember during Covid and people worried about a bank run?
The fed came out preemptively and said there would be no bank runs and all withdrawals would be covered. No matter what
This is only different because they want crypto banks to fail so they can take their market share and crush competition from crypto and tech