Silicon Valley Bank is shut down by regulators in biggest bank failure since Global Financial Crisis
Is this shutdown a legit whitehat response to financial corruption that was uncovered or is it a blackhat effort to hide payments made to Silicon Valley for all their censorship work?
When our financial system starts to crumble, the FDIC does not have enough money to ensure all the banks. From what I read is they only have enough money to ensure 1% of all the bank deposits.
FDIC has $125 Billion in total.
https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html
The FDIC insures over $10 trillion of deposits in U.S. banks.
https://20somethingfinance.com/fdic/
That equates to aprox 1%. If there is a collapse across all banking systems, 99% of the people will get screwed.
You have to wonder, are they shutting down specific banks first so the people at the top get their money out of the FDIC before the rest of us get screwed?
I have always believed this movie will not come to an end until the current financial system is destroyed. Ridding ourselves of the current money printers is crucial, the Federal Reserve. They are taxing us to death on money printed from thin air, sending our wealth back to the Rothchilds who then pay the globalists to enslave us.
We have heard lots of rumbling about a coming recession. I think it will be much worse than that. I have said in the past, the scare event could be people blocked from their money. If we go into a hyperinflationary event or there is a Dominoe collapse of all the banks, everyone will be awake at that point.
We have a lot of evidence coming out right now, how do you gain everyone's attention and say, "Hey look at this"? A financial collapse would certainly grab everyone attention, .....now lets show you the extent of the corruption.
Will SVB bank closure be the first Dominoe? Its coming but when?
Stay safe!!!
WWG1WGA!!!
Ah yes, so Microsoft, Apple, Amazon and maybe a few others can come out unscathed since they all have $20-50 Billion in cash and cash equivalents. Or you know, just Berkshire Hathaway since Warren Buffet is sitting on a $100 Billion+ pile of liquid cash right now. Meaning literally every other company/Billionaire is screwed like the rest of us, while either Berkshire Hathaway or 3-4 Tech Companies come out unscathed. There's literally no way of making this mathematically work. Especially when most publicly traded companies assets are known.
MAYBE someone like the Koch Brothers (whichever one is still living) could get away with this by using not just US banks, but international banks as well since Koch industries is privately held and thus not subject to the same regulations as publicly traded companies. But even then, there's still not enough liquidity for all the cabal billionaire stooges and cabal companies to siphon off money from the Bank Insurance system and come out without a scratch.
It's mathematically impossible.
I imagine that a few of the big tech firms had accounts at SVB... But also imagine that they were some of the early withdrawals that helped send SVB into its death spiral... The numbers I cited were from the end if 2022...
Repos and such? My basis for the above is companies like Apple tend to snap up a lot of start ups either to protect their position or to accentuate their pipeline.
Were I in charge od Acquisitions I would consider an account at a VC heavy bank simply as a source of information...dangling a big Apple deposit in front of a banker trying to advance might get you an " I can't reveal that, but a certain company is killing it, or they are highly leveraged..."