Birdwatch Note Rating
2023-03-14 13:19:22 UTC - HELPFUL
Rated by Participant: DAFC1937A7F6CBFDADC5F2561AE400737093A1EE89AC4C05C42EFFD7451F7F65
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