I replied to the following: ↷

Looks like now there's a system in place that'll allow more of these kinds of failures to be insulated by the federal government (again, where is this "free market" stuff going to kick in)? https://www.reuters.com/business/finance/regulators-urged-find-silicon-valley-bank-buyer-industry-frets-about-fallout-2023-03-12/. This, at least, protects workers who have no say in these arrangements (as capitalism demands) by paying them out from. They're saying they're not being bailed out, so does that confirm that those banks won't be operating anymore? Because they shouldn't be able to.

byhttps://jacky.wtf • posted archived copycurrent

This is the kind of critical thinking I wish more people had. https://twitter.com/MsKellyMHayes/status/1635260522382884864

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