Widespread Panic Hits the Banks as Fears of a Systemic Liquidity Crisis Cause a Massive Bank Run

Source: Steven Van Metre
https://www.youtube.com/@stevenvanmetre5087/videos?view=0&sort=dd&shelf_id=0

Here is Silicon Valley bank in just the last 5 days
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=SIVB&insttype=Stock&freq=7&show=&time=3
Wednesday close around $270 per share. Thursday close at $106 per share where they stopped trading on it due to the selling panick.
But don't worry folks, Jim Cramer said a month ago that SVB was a GREAT INVESTMENT LOL!

The BANK OF CANADA and the US FEDERAL RESERVE have been hiking interesting rates the same amount at the same time since January 2022
https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/
January 26th 2022= .25%
January 24th 2023= 4.50%

Anybody paying attention knows they are intentionally destroying those who borrowed money from January 2022 and earlier at insanely LOW interest rates of .25% and when they need to RENEW their mortgage within the next 4 years they won't be able to afford the new monthly mortgage payment and real estate prices are already crashing. I have been warning people for 10 years this was going to happen but people have the false belief that real estate only goes up and they repeat that mantra because they have not seen it happen in their lifetime.