Sunday, March 19, 2023

Good explanation of SVB bank failure, why bond prices down when interest rates up. https://www.npr.org/2023/03/19/1164531413/bank-fail-how-government-bonds-turned-toxic-for-silicon-valley-bank Ppl don't see that the whole world is interconnected macro vs micro ecos.
From Internet--Golden Rock Pagoda at Sunset--Burma. 3-19-2023

Sagaing earthquake--building collapse in Bangkok--Ava Bridge in Myanmar--many images online

https://www.bbc.com/news/videos/cx2x2xle5g5o