David Sacks

@DavidSacks ↗

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Last Checked April 1, 2023

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Sun Mar 12 09:34:08 +0000 2023

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David Sacks @DavidSacks

RT @nbt: 5 main thoughts as we wrap another crazy day (03.11.23, which happens to be my birthday): 1) It's important that we all learn fro… — PolitiTweet.org

Posted March 12, 2023 Retweet

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David Sacks @DavidSacks

@AlexBerenson It’s like GPT was told to write a formulaic populist class warfare rant without even understanding the particulars. SVB had 40,000 small business customers who are impacted. If this was “Farmers’ Bank,” you would understand the risk of contagion. It will be obvious soon enough. — PolitiTweet.org

Posted March 12, 2023

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David Sacks @DavidSacks

The basic formula here is actually correct… 1. No bailout for SVB stockholders/bond holders. 2. But we will meet the needs of depositors. 3. And prevent contagion… But it all sounds hopeless vague. Half-measures won’t stop a banking crisis. https://t.co/sfw27Kt2C7 — PolitiTweet.org

Posted March 12, 2023