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579 points todsacerdoti | 2 comments | | HN request time: 0.505s | source
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adornKey[dead post] ◴[] No.44287958[source]
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1. gchamonlive ◴[] No.44288055[source]
I remember bank run being one of the reasons why SVB failed, and also during the COVID pandemic people rushing to buy toilet paper has a terrible effect on the market.

However I don't think these cases are anywhere close to the level of widespread disruption that the list of dangers can bring.

Do you happen to know instances where mass hysteria had a similar effect on disrupting global supply chains or communication services than war, geopolitics etc?

replies(1): >>44288850 #
2. bananapub ◴[] No.44288850[source]
A bank run started by our esteemed VC brethren having a mass panic attack, then getting their own money out, then telling people they had a financial stake in to get their money out, et voila your bank is now running.