This is a free preview of a paid episode. To hear more, visit downround.substack.com

Silicon Valley Bank imploded last week, becoming the second-largest bank collapse in US history. This led to an insane meltdown within the tech industry and beyond.

In this ep, we explain what happened, what it means, and offer 1-2 prolonged rants along the way.

This was recorded on Monday March 13, so if anything insane happens after that which doesn’t vindicate our predictions, please give us the benefit of the doubt and assume we were right anyway.

See omnystudio.com/listener for privacy information.