SVB COLLAPSE AND THE RECENT BANKING TURMOIL EXPLAINED

In the book, Sapiens: A Brief History of Humankind by Yuval Noah Harari, the author discussed how humans, even if they are fragile beings compared to the animal kingdom, climbed to the top of the food chain. The ability of humans to believe in fiction like religion and money and co-ordinate is truly remarkable. Money is just an abstraction of our imagination, and when you pay someone, then in some secure excel sheet, your balance is updated and everybody agrees that. Every human being in this world has come to believe in and value it, and this belief drives modern…