Aviel Roshwald on Nostr: We are now simultaneously being told that these collapsing banks occupy very ...

We are now simultaneously being told that these collapsing banks occupy very idiosyncratic niches of the financial sector AND that a failure to protect their depositors against loss of uninsured funds could trigger a general financial meltdown. Am I missing something, or is the situation more perilous than is being let on?

https://www.nytimes.com/2023/03/12/business/signature-bank-collapse.html?smid=nytcore-ios-share&referringSource=articleShare