piccolo on Nostr: Yep, and this false precursor narrative by Yellon 👇 is eerily familiar, having ...

Yep, and this false precursor narrative by Yellon 👇 is eerily familiar, having lived thru the 2008-09 GFC. Same story just different players and bigger numbers, unfortunately.
So more papering over to come.

https://www.reuters.com/markets/us/yellen-working-address-svb-collapse-not-looking-bailout-2023-03-12/