Mises Wire
Author:
J.W. Rich
Online Publish Date:
With the recent collapse of Silicon Valley Bank and Signature Bank , financial markets all around the world are on edge. Despite promises from the Federal Reserve point to an imminent “crash landing”! While the full consequences of these bank failures are yet to fully play out, a prized and popular scapegoat has already been In the case of Signature Bank, its closure can be largely attributed to the failure of SVB. The contagion from its failure had spooked Signature’s depositors