On the contrary, the predictions in the post you refer to have come to pass. The government bailed out SVB's depositors, the "contagion" didn't happen, the market didn't crash and yesterday the bio sector finished well after a slow start as expected. The "meltdown" in the regional banks isn't something we need to fret over. It won't result in the kind of systemic failure of the banking system that the svb failure could have if the federal government hadn't stepped in and rectified the situation.