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).
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.
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).
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.