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sethev
on March 13, 2023
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Joint statement by the Department of the Treasury,...
Everyone withdrawing their money ASAP is what caused the solvency problem. There's a big difference between warning people of a problem and encouraging them to behave in a way that creates it.
No bank could survive this kind of run. See
https://en.wikipedia.org/wiki/Bank_run
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No bank could survive this kind of run. See https://en.wikipedia.org/wiki/Bank_run