NOW Standoff Minnesota LIVE | Silicon Valley Bank paid out bonuses hours before seizure
#FomoCast #livenewstoday #svbcollapse
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I've been warning people through my content and live streams for over 2 years now that a Financial crisis was imminent. Evergrande was the first major domino to fall, followed by the loss of the Petro Dollar thanks to Saudi Arabia. Now USDC has lost peg against USD after a coinbase tweet late on Friday night came out stating they would not be converting during non-banking hours. Still not convinced, well hold on tight, its about to be a bumby ride. California regulators on Friday abruptly shuttered Silicon Valley Bank, closing a 40-year-old financial institution that catered to the tech industry and that was the 16th largest U.S. bank before its sudden collapse. The company's stock tumbled 60% on Thursday and had plunged another 70% on Friday before trading in its shares was halted. This is just the beginning.
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