Silicon Valley Bank: The Weakest Link
The current turmoil in the financial sphere is only the latest chapter in the late capitalist systemic crisis. Tomasz Konicz, 17.06.2023. Originally published on konicz.info on 03/20/2023 Here’s to a new one? The collapse of the IT industry’s house bank, California’s Silicon Valley Bank (SVB),[1] seems at first glance to herald a new financial crisis, […]
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