Social-Media Postings Amplify Anxiety Over SVB Collapse
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Posts on Twitter and other social-media platforms helped fuel concerns about the U.S. banking system in recent days, as a range of users from prominent investors to internet provocateurs speculated more chaos could ensue.
Some users were trying to offer financial advice aimed at helping readers. Others appeared to take a more extreme view of the situation. In total, fairly or not, the messages sowed anxiety at a time when confidence in the country’s banking system was shaken, lawmakers and social-media observers said.
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