Birdwatch Note Rating
2023-03-14 02:58:00 UTC - HELPFUL
Rated by Participant: 04B28AFF8441C5EB5A863463B63719EF95C3BB8224227BF54FF853C028DA7FCE
Participant Details
Original Note:
Dems are blaming Trump-era deregulation while GOP is blaming woke policy. However, initial analysis by economists attribute SVB's failure to complications due to interest rate increases and panic induced by poor performance reports. https://archive.is/20230313084935/https://fortune.com/2023/03/12/silicon-valley-bank-may-be-victim-of-first-social-media-bank-run-says-one-theory/ https://web.archive.org/web/20230313224314/https://www.businessinsider.com/republicans-blame-woke-politics-for-silicon-valley-banks-collapse-2023-3 https://archive.is/20230314023123/https://www.washingtonexaminer.com/policy/economy/svb-collapse-republicans-pin-blame-for-bank-failure-on-woke-policies https://archive.is/20230313152805/https://www.washingtonpost.com/politics/2023/03/13/political-fallout-svb-mess/ https://archive.is/newest/https://www.politifact.com/article/2023/mar/13/what-caused-silicon-valley-banks-downfall-rewritte/
All Note Details