Post by @gotenks • Hey
My first thread. Enjoy 😁 🧵1/ Let's talk about the potential risks lurking in the financial sector. #SiliconValleyBank has about $209 billion in assets,
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It’s all a belief system. CreditSuisse’s assets are not more than a few numbers in a SQL database running on an outdated server in some basement in Switzerland. The true value comes from knowing that the Swiss government will bail out CS in case of failure.
threadoooooor 🙂
ngl i didn’t expect threads to become a thing on lens … but it works pretty well 😀👏
open the door
Good thread