“Like it or not, everything is changing. The result will be the most wonderful experience in the history of man or the most horrible enslavement that you can imagine. Be active or abdicate, the future is in your hands.” — William Cooper, October 24, 1989
My conjectures and thoughts on the SVB failure:
As I understand it SVB did a LOT of tech banking, in China as well as in the US. Early internet, tech startups, social media, Climate Change, etc
The stories are stating that they bought treasuries as assets against their liabilities, but that due to the drop in treasury prices and the increase in interest rates they would suffer losses when they had to redeem their assets and couldn’t hold them to maturity.
They needed to redeem their assets due to a combination of things including the FTX crypto debacle which created a need for many of their clients to need to make withdrawals.
All this makes sense - but I think it’s a coverup to what is really going on.
And here’s where I get into theory. What if this was a planned way of taking all the assets that were forfeit due to Trumps executive orders related to trafficking, etc.
All the little guys will be made whole through FDIC insurance - it’s only the ones holding over the limit that will really suffer...and any ‘non-evil’ types might be made whole through a backdoor.
The FTX and SVB and any follow-on or related collapses drain assets from the bad guys in tech, climate change, WEF & other globalist partners; while at the same time keeping the real reason out of the news so that normies aren’t forced to experience the trauma and knowledge of how really bad things are.
Thinking forward further now, a continued decline in additional banks and the market will continue to do the same thing; while the Fed continues to raise rates, Yellen says there will be no bail outs (though bail ins - a nasty thing - may still be on the plate), and normies just figure it’s the govt and fed policies causing all the pain....leading to a rebellion of normies against the FED and an increased demand to return to sound money.
Biden then loses against Trump, House and Senate receive resounding Republican majorities in ‘24 and eliminate or reduce the Fed through a return to the Gold Standard ... remember Nixon stated the departure from the gold standard was only temporary.
In the meantime all the bad guys have lost their assets through the disguised method above.
Conjecture, hypothesis, theory...anyway my thoughts today....