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Opinions/Editorials
See other Opinions/Editorials Articles Title: Big Government is to blame for Silicon Valley Bank’s collapse
Source:
Washington Post
URL Source: https://www.washingtonpost.com/opin ... ent-intervention-bank-failure/
Published: Mar 17, 2023
Author: Marc A. Thiessen
Post Date: 2023-03-17 02:42:56 by Charles_Byrd
Keywords: None
Views: 127
President Ronald Reagan said that the nine most terrifying words in the English language were “I’m from the government and I’m here to help.” Well, he’s been proved right once again, this time by the collapse of Silicon Valley Bank (SVB). The bank’s failure — the second-largest in U.S. history — was a direct result of its own gross mismanagement, combined with a series of well-intentioned government interventions run amok that created the conditions for its catastrophic failure. Click for Full Text! Post Comment Private Reply Ignore Thread
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