Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2023

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Sat Mar 11 10:55:08 +0000 2023

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Paul Krugman @paulkrugman

To be fair, deposits rose a lot all across the banking system, but SVB's rise was much faster 3/ https://t.co/6LYfDxrQsm — PolitiTweet.org

Posted March 11, 2023

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Paul Krugman @paulkrugman

SVB was founded 40 years ago, but its big expansion is much more recent; deposits surged during the pandemic 2/ https://t.co/ChCrxRc5iR — PolitiTweet.org

Posted March 11, 2023

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Paul Krugman @paulkrugman

So what was SVB selling? As far as I can tell, it was just unusually good at cultivating relationships with, um, Silicon Valley, specifically VC. Maybe it should have been called Schmoozing and Vibes Bank 4/ — PolitiTweet.org

Posted March 11, 2023