Collapse of Silicon Valley Bank.
Posted: Sat Mar 11, 2023 5:25 pm
I don't know much about economics or banking or high finance, but this seems, at first glance anyway, to be somewhat significant.
Ireland has a 100 million investment, which is not that much compared to our other debts. Sweden has its fourth largest pension fund there.
There are rumours that people like Oprah may lose a lot.
Peter Thiel withdrew his funds and it seems to have precipitated this biggest bank fail since everyone was doing it in 2008.
What say ye experts?
https://www.irishexaminer.com/business/ ... 90518.html
Ireland has a 100 million investment, which is not that much compared to our other debts. Sweden has its fourth largest pension fund there.
There are rumours that people like Oprah may lose a lot.
Peter Thiel withdrew his funds and it seems to have precipitated this biggest bank fail since everyone was doing it in 2008.
What say ye experts?
https://www.irishexaminer.com/business/ ... 90518.html