In the case of SVB, the only reason to make a bank run is because of the threat that others will make a bank run. For the good of the whole (bank, ecosystem, economy) making such a run is a really bad choice. But because so many make that choice, it ends up being the right one for the individual company.

Sign in to participate in the conversation
CleverLibre Social

CleverLibre Social is an inclusive social instance for open discussion, learning, and community.
All cultures welcome.
Hate speech and harassment strictly forbidden.