You could see it in the Twitter v. Musk direct messages exhibit. They aren't uber-geniuses, have great insights beyond "normal people", good impulse control, or Vulcan-like stoicism. What they have that we don't is control of hundreds of billions to trillions of dollars. If we didn't treat them like gods and give them dictator for life power over this volume and concentration of assets then it wouldn't be a big deal. But we did. We need to unwind the whole thing ASAP. #BillionairesShouldNotExist #SVB #capitalism #SiliconValley https://www.nytimes.com/2023/03/16/opinion/silicon-valley-bank-venture-capital.html
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Bozo T. Clown
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smellsofbikes
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Hank G ☑️
in reply to smellsofbikes • •William Robison
in reply to Hank G ☑️ • • •I was with a regulated I know and they checked messages and said "that's weird it's like someone is targeting our banks". "What do you mean?" "Someone twitted 'what's going own at Silicon Valley Bank".
I heard nothing more until the shit hit the fan on Friday.
My point being that a rumor can start on Twitter and could chase the economy. As you know Hank, the lack of moderation is dangerous.
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