Venture Catastrophism
Venture capitalists are influencing discussions around bank stability, advocating for responsible measures to prevent chaos. However, a growing trend of catastrophism among influential figures is creating unnecessary panic, leading to mass withdrawals from banks. This hyper-individualism undermines the collective good, as the loudest voices often prioritize personal gain over community stability.In this clip
From this podcast
Prof G Markets
Prof G Markets: SVB’s Collapse, the U.S. Banking System, Venture Catastrophists, and What’s Next
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