Birdwatch Note Rating
2023-03-14 21:02:47 UTC - HELPFUL
Rated by Participant: FE8644A41A62D3EBCCA934AB3BDF8A79F83824186BA3ADA3AC44AC1B2E0B4B9D
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