Maybe you could have guessed that this would cause inflation, so central banks are now finally raising interest levels, which normaly would crash the bubble, in which the rich and corrupt make even more money, for example by going short put options, while the middle class, that foolishly thought they could beat the system by investing, will be reduced to poverty.
I guess that nobody can figure out that ending the Russian sanctions against the European population, would both be good for the world economy and will lower inflation. Maybe they will once again increase taxes, which is always a good option!
Recently, 2 FDIC-insured US banks collapsed - Silvergate Bank and Silicon Valley Bank (SVB). It was already expected that Silvergate could go bankrupt as it was gambling in cryptocurrency, which hasn't been a good investment in the last half year...
Silicon Valley Bank was the 18th largest bank in the US with $212 billion in assets, making this the second largest bank to collapse in US history.
Corporate executives at Silicon Valley Bank sold over $4.4 million in stocks 2 weeks ago, which according to some suggest that they knew that these stocks would become worthless after the inevitable collapse.
According to Market Watch, 20 other banks also face “huge potential securities losses” like SVB (including Signature Bank): https://healthimpactnews.com/2023/2nd-f ... ome-banks/
The Silicon Valley Bank CEO, Gregory Becker, was sitting on the Board of Directors of its regulator, the Federal Reserve Bank of San Francisco.
In one of those strange coincidences several US banks that went bankrupt, or look to be in deep trouble, took large loans from a Federal Home Loan Bank (FHLB) in 2022.
The Silicon Valley Bank went from zero loan advances from the Federal Home Loan Bank of San Francisco to a whopping $15 billion in 2022.
Another member of the top 10 borrowers at FHLB of San Francisco, is the Silvergate Bank that also went bust.
The third largest bank failure in US history, the crypto-related Signature Bank, was shuttered by New York State regulators.
Signature Bank's borrowings from FHLB of New York exploded in the fourth quarter of 2022 to $11.3 billion.
The First Republic Bank has $14 billion of loans outstanding from the FHLB of San Francisco; its stock price has plummeted (will it also collapse?): https://wallstreetonparade.com/2023/03/ ... ng-it-out/
One of the stories that looks suspicious, is that 2 large Israeli banks - Bank Leumi and Bank Hapoalim - transfered $1 billion from Silicon Valley Bank right before it collapsed.
Democrat former Rep. Barney Frank was a board member of the collapsed Signature bank.
Trump fans have noted that Signature Bank closed President Donald Trump's accounts after the Capitol riot on 6 January 2021: https://www.sott.net/article/478300-Isr ... e-collapse
Some will find the strange Jeffrey Epstein link interesting...
In July 2020, the US Virgin Islands started a lawsuit against 10 financial institutions for their Epstein ties - including Deutsche Bank, JPMorgan Chase and Citibank.
Banks mentioned in the article, that were issued subpoenas, include the previously mentioned Bank Leumi and Silicon Valley Bank: https://abcnews.go.com/US/virgin-island ... =72018117/
So not very surprising, US Virgin Islands Attorney General Denise George that filed the previous lawsuit was fired: https://www.lawfulpath.com/forum/viewto ... 460#p81460
I guess that no Trumptard will find it suspicious that Bank Hapoalim is connected to Donald's son-in-law Jared Kushner, and that he fired the US attorney that investigated Hapoalim:
Firestarter wrote:On 30 April 2020, Geoffrey Berman announced a deferred prosecution agreement against Israel's largest bank Bank Hapoalim, for helping to hide assets in offshore accounts and helping to bribe FIFA officials (the body that controls international soccer).
Bank Hapoalim settled the 2 cases for more than $900 million.
.Firestarter wrote:Kushner Companies also received at least 4 “loans” from Bank Hapoalim, Israel’s largest bank, which is under investigation of the US Department of Justice for helping US citizens evade taxes through undeclared accounts through its Swiss division.
So US attorney for the Southern District of New York Geoffrey S. Berman was fired by president Trump, after he investigated Bank Hapoalim (almost like Denise George): https://www.lawfulpath.com/forum/viewto ... 097#p69097
The right wing BS media are now promoting the "go woke, go broke" slogan, ridiculing the Silicon Valley Bank bankruptcy...
California governor Gavin Newsom was apparently concerned that clients of the Silicon Valley Bank could lose credit in their accounts of over $250,000.
What Newsom "forgot" to tell us... is that he has several accounts at Silicon Valley.
An even closer relationship appears with Newsom's wife, Jennifer Siebel Newsom, who is the co-founder of the non-profit, California Partners Project, to which the Silicon Valley Bank donated $100,000.
Silicon Valley Bank's former president is even on the board of the California Partners Project: https://www.businessinsider.com/gavin-n ... ing-2023-3
Several Silicon Valley board members are associated with the corrupt Clinton, Obama attorney-presidents.
Garen K. Staglin donated $10,000 to the Biden Victory Fund in 2020; he gave $79,000 to Clinton's Hillary Fund when she ran for president in 2016; and he also donated $35,800 to President Obama in 2011.
Staglin has even donated to former House Speaker Nancy Pelosi.
Kate Mitchell, as board member of the Silicon Valley Bank board, donated a cool $50,000 to Hillary Clinton's 2016 presidential run.
Maybe the most suspicious connection, is that Silicon Valley Bank board member Mary J. Miller was Obama's under secretary for domestic finance at the Treasury Department from 2012 to 2014. Miller helped implement the Dodd-Frank financial reform legislation for banks: https://www.dailymail.co.uk/news/articl ... nking.html
And the well-known Credit Suisse bank had to borrow $54 billion from the Swiss central bank...
Credit Suisse shares fell 24% on Wednesday, after they dropped by roughly two-thirds in 2022: https://www.bbc.co.uk/news/business-64964881