The Silicon Valley Bank experienced a run last week and closed down. The FED promised to cover the debts. Now the Republic Bank is falling 60%. Israeli financial system stable.
Overall, I AM optimistic. For a long I was saying, that to get the economy moving, the only solution was a good war. That's the way capitalism works. Marx said so 140 years ago. The Ukrainian war is starting to consume all the old ammunition and tanks of Europe and America, and they need to be replaced. There is another war coming in Taiwan. So there is demand, capitalism's chronic problem, and it will absorb excess production.
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