
Larry Bucshon
@RepLarryBucshon
Baseline; SVB heavy in Gov securities: Dems pass ARP=inflation=Dems pass IRA=worse inflation=Fed raises rates=Gov securities value drops=tech, crypto need cash due to high interest rates=SVB sells securities at a loss to cover deposit outflows=Wall Street finds out=Run on SVB. 

2023-03-13T17:44:11.000Z · via Twitter