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Thursday, April 25, 2024

Nobel economist Paul Krugman says the Silicon Valley Bank collapse has led to ‘apocalyptic rhetoric’ in markets, but almost none of it is true

The collapse and rescue of Silicon Valley Bank has led to some bleak rhetoric in markets, but almost none of the most commonly voiced fears are correct, according to Nobel economist Paul Krugman. “The fallout from banking problems has made a murky economic situation even murkier, and it will be a …

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