Anonymous ID: 48fc3f March 12, 2023, 7:09 p.m. No.18496188   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>18495859 (lb)

SVB = Silicon Valley Bank. Guess what types of outfits they provide loans to.

They were upside down, bigly, in loans vs assets to back it to the tune of 150b. Their total worth was aroun 200b (or less). Main backers caught wind, and decided to pull out like a stepdaddy pimp collecting rent money. FDIC worked with Cali to take over the bank. There's already a bailout in the works using your tax dollars; too big to fail, and all that. Barney Frank sits on the board. Just more kicking the can down the road as the dollar vanishes into nothingness.

 

I think that about covers it.