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19

How did Israel avoid the worst of the SVB disaster

submitted by mxcviel to EconomicCollapse 2.3 yearsMar 14, 2023 06:51:22 ago (+19/-0)     (archive.fo)

https://archive.fo/waQTf

"SVB collapse shows Israeli hi-tech should stay in Israel" is the latest Opinion of The Jerusalem Post, talking about how since Israel is seven hours ahead of the US, many companies were able to pull out their money prior to withdrawals that the bank run made it near impossible to do.

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Reuters is updating this "Factbox: Which companies are affected by SVB collapse?", more here on Atko's "light voat" website:
https://flingup.com/thing/14258


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