[Jonty30]

Same thing that happened in China before the government cracked down.

[EBH]

I think you’ve got to think of the unintended consequences of taking a public that has more full faith and confidence in the banking system than maybe people in this room do

Consider they were talking about this stuff in late September, articles written just a few short weeks ago, the financial folks I follow have been saying to watch what the rich have been doing for a year.

Is SVB and FTX the canaries in the coal mine? Are they just blips?

I like how Ellen uses the 'soft landing' language in this piece. It has me thinking about an inflated balloon. If you take a pin ...it pops. If you place a piece of tape on the balloon and then try and pin pop the balloon it deflates slowly. Either way, all the air leaves the balloon.