The biggest story breaking on Friday was clearly the collapse of Silicon Valley Bank and the existential threat that may pose to America’s economy and possibly the global marketplace as well. But as the New York Post pointed out yesterday, the downfall of SVB may not carry the same long-term impact as another story that received far less attention. Friday was also the day that Saudi Arabia announced that it has restored its diplomatic ties with Iran. Making the announcement even more worrying is the fact that the deal was brokered by China. The possible upside …