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I feel strange to write this but there is a nuanced take on the #SVB bank collapse that is not popular anywhere. What is happening is what is supposed to happen and uninvolved taxpayers are not paying for it. FDIC has taken over the bank and will sell its assets. Whatever it gets for those assets will be paid back to depositors. Despite VC financial illiteracy there is no bailout nor a need for one.

The two things that need more scrutiny are Thiel's involvement and the loosened regulations.