Silicon Valley Bank broke. Silicon Valley is broken

Silicon Valley Bank's financial troubles reflect a broader problem in the tech hub.

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Skyrocketing costs of living and stagnant wages make it tough for locals to make ends meet.

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Many workers are struggling to afford basic necessities like housing and healthcare.

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The pandemic has only worsened inequality in the region, with low-wage workers hit hardest.

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Tech companies have been criticized for exacerbating housing shortages and traffic congestion.

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The region's political leaders have been slow to address these issues and enact meaningful change.

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Many believe Silicon Valley has lost touch with its founding principles of innovation and progress.

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Some are calling for a reimagining of the region's values and priorities.

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It remains to be seen whether Silicon Valley can repair its reputation and address its many challenges.

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