Paul Krugman

@paulkrugman ↗

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Last Checked April 3, 2023

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Sat Mar 11 11:22:31 +0000 2023

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Paul Krugman @paulkrugman

What I don't have a sense of is how much this will damage the VC financial ecosystem — or how much the rest of us should care. But — hoping these aren't famous last words — this looks at most like a fairly narrow sectoral crisis 14/ — PolitiTweet.org

Posted March 11, 2023

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Paul Krugman @paulkrugman

And because SVB was basically buying agencies and Treasuries, which are safe assets, its failure won't cause anything like the crash in MBS and run on repo that followed the Lehman collapse. Systemic issues much less obvious 13/ — PolitiTweet.org

Posted March 11, 2023

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Paul Krugman @paulkrugman

RT @paulkrugman: OK, some very early morning thoughts on SVB, and why it probably isn't a harbinger for the banking system as a whole — why… — PolitiTweet.org

Posted March 11, 2023 Retweet