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RE: Billionaires Looking to Bail Out Silicon Valley Bank

in LeoFinance2 years ago

I think it was the expected result because a lot of these billionaires have money related to the companies that will suffer. I honestly think that they shouldn't bail Silicon Valley bank out because it's a bunch of overvalued tech companies that were already suffering. I don't even know what they expected when they have a ton of uninsured deposits and why they didn't really spread out their funds. That bank catered only to tech and VC funded businesses so they didn't diversify enough.

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I agree let the rich suffer for their choices I know they would make us suffer.