Are bank runs and financial contagion incoming?

[cyril evans awaydays]

First Republic Bank seized and sold by US regulators.

Silicon Valley Bank ✔
Silvergate Bank ✔
Signature Bank ✔
Credit Suisse ✔
First Republic Bank ✔

I guess it was just another "localised issue around a bank too dependent on hi-tech stocks!"

Ah, it's Ronnie Twiglet right on cue. I think you were about to explain that if this isn't financial chaos yet, how you would characterize it?