We have been going through a paradoxical economic period for several months now. At first glance, the situation in many developed countries has never seemed so good, with historically low unemployment and…
Tag: bank run
Running out of ‘Credit’
On Friday evening I started writing about what I perceived to be last week’s hot topic, aka Microsoft’s release of its Copilot suite powered by GPT4, which I am convinced will be…
SVB – It’s a perfect (mis)match
The economic news was dominated this week by the resounding bankruptcy of the Silicon Valley Bank (SVB), a bank based, as its name may suggest, in California. More than the potential losses…