Bear with me, archive.is is not loading with some links, so we get source instead of of archived.
We begin with the reason why the bank was so quickly caught before it could topple over: Those beyond $250k account holders who will get/got their money back from the bank were all top Democrat donors. https://nypost.com/2023/03/13/biden-move-to-insure-pro-democrat-svb-depositors-slammed/
Second, won't someone please think of the leftist's 1500 money laundering schemes: https://archive.ph/TbEUe
The FDIC was not meant to save an entire system or a bank's big-time account holders. Yet, much like social security and medicare, Democrats are here to rob the entire fund, never replace it, and charge members more for the privilege of them stealing from you. Your bank rates and fees will be going up: https://archive.ph/oC1Ge
Viviek Shwarma, a republican who thinks he is running for president, uses the bank's demise to make hay for his campaign while also not mentioning the whole truth: https://archive.ph/tZWom
Yes, woke policies pushed by the current regime and not just stupidity or the rate increases is the REAL reason this bank collapsed: https://nypost.com/2023/03/13/biden-forced-to-bail-out-a-banking-system-and-his-donors-he-endangered/
To hide their collusion to steal the money from the Federal Deposit Insurance fund, big tech flooded the market with countless 'he went that way' news stories: https://archive.ph/EF7U8
Biden Antoinette's 'let them eat cake moment: “Investors in the banks will not be protected,” Biden said in a White House speech. “They knowingly took a risk and when the risk didn’t pay off, the investors lose their money. That’s how capitalism works.” https://www.reddit.com/r/politics/comments/11qe69v/thats_how_capitalism_works_biden_says_of_svb/ UNLESS you're a democrat donor and don't want to lose your money, eh, cunt?
And finally, proof that the whole thing is over as far as the media and Biden Regime are concerned: they're hawking merchandise and gloating about it. https://www.marketwatch.com/story/svb-swag-like-this-fleece-jacket-is-selling-for-up-to-1-000-on-ebay-b7613d5d?mod=home-page and MarketWatch is now full of stories from rich assholes offering their take on how not to get scammed/how they saw the writing on the wall so invest with them: https://www.marketwatch.com/
It's all made-up bullshit since we went off the gold standard.
Money became those points from Whose line is it anyway
"Gold is money, everything else is credit." -- John Pierpoint Morgan
"In God we trust; the rest of you can fuck off."
-MegoThor
It's not over.
The plebs just aren't supposed to know about the knock-on effects its going to have.
I mean with this bank. There's always more to come, but SVB is settled.
Archive isn't working. I don't know what the hell is going on, but I keep getting failures from archive.ph and archive.is
I think its interesting how they hung a shitty no name bank to dry and dangled it in front of us using leftie ''no bailouts" 2008 talking points and normie "get woke go broke" talking points. If the regime really wanted to protect something, we'd be getting the election 2020 treatment: people getting banned on twitter, "fact check" wikipedia links going up left and right, redditors stanning for SVB/distracting us as hard as possible, and the mainstream news wouldnt be concerned over it at all. CNN would be covering it up as hard as possible. I can look over r/Politics right now, search "svb" and find all these drooling morons crowing about the evils of Capitalism as we speak. We are allowed to make fun of SVB. This ain't it fam.
On a more techincal detail, I think we're seeing the risks of a cash-holding crypto bank in real time (they're very exposed to bank runs), and the long term results of printing money like theres no tomorrow are starting to affect bank's balance sheets. Interesting how the system twisted a crisis they themselves created (nonstop printing) into centralizing more money and power into their own banks (people are shifting their money away from small regional banks into the larger institutional ones).
Dunno yet. Probably when the assets sell.
I think we all need to thank JPM for bailing out FRC.
I think we also need to be honest about the significant female influence that caused SIVB to go under. Risk management and the Fed chair for SF supposed to keep an eye on them. How much of their bank was actually a slush fund for feminist causes? Were they just going to let it lose money constantly to fund their ambitions, and then pin the costs on the taxpayer?
What worries me, and is why I'm slowly cutting my exposure to banks in my portfolio as their stocks recover, is just how incredibly over-represented they are in the power positions that are relied upon to stop a crisis.
You do not want to be in a situation where your society relies on a feminist doing something good. The world financial system is currently in that exact position.
This could have been so much worse if JPM hadn't bailed First Republic out. Imagine the taxpayer being on the hook for every bank below JPM, C, WFC etc as they all collapsed one after the other.
Finance capital has always been a parasite. You're just mad about more women getting in on the grift.
Such an edgelord take, but I wouldn't expect more from someone who parrots the "usury" crap.
There's nothing edgy about it. Opposing usury is a centuries old idea. You defend the most parasitic behavior imaginable as long as "The Enemy" isn't doing it. You're just butthurt about people seeing through your bullshit.
Like most centuries old ideas, it's worthless and outdated.
I'd say do you still believe in the value of leeches, but you do still support women.
Without banks, raising funding for a business becomes a popularity contest. But I suppose that's perfect for your garbage neo-feminist ideology.
Mothers and children are leeches, but finance capital is a valuable contributor to society. This is your brain on liberalism.
While the system is being abused (by women, of course) to manipulate hiring, that's not a flaw with the concept of banking, it's a flaw of the law that doesn't allow positions to be blocked from female applicants.
"fund their own business" - Yeah, that's what usury is.
things generally only survive for centuries if they're good
That's not even slightly true. People believed the world is flat for centuries.
i said generally exactly because i knew someone was going to be a pedantic faggot and it looks like it was you today.
Woke policies tend to be the policies of white women and their simps. Black women just follow where the money flows.
Yeah, white women like Larry Fink and George Soros did it all!
Part of me wants all the shady banks that did a deal with women to go bankrupt.
They're the reason men are out of work.
He's not wrong. SVB's own mismanagement caused SVB's downfall. If 99% of your deposits are cryptobro money, you should diversify a quarter of it into pharmabro money. And so on. I understand they had 20 billion in losses due to holding long term bonds, they should have been shifting that away, and ringing up the White House the second it became an issue. This should have been a 20 billion dollar kitchen fire, not the whole regional banking 620 billion dollar neighborhood fire.