Interest rates have "soared" because the Fed raised them to counter inflation. They do this all the time. SVB failed (I know this, I am a customer of theirs--and one of my closest friends works for the Federal Reserve Bank) because people panicked when it leaked that nobody would buy the over-leveraged bank, so everybody started pulling out their money.

The risks they took investing so much in long-term Gov't bonds was riskier than it should have been because they were not forced to comply with Dodd-Frank--which makes them mitigate risks to keep them at a manageable level--and that's because the Trump admin. reversed that requirement to give banks more "freedom". This has nothing to do with climate change.

You constantly scare people into believing the worst but you don't seem to really know what's going on in America. A lot of people read your stuff. Please do your homework!