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It's a Beautiful Day to Watch it All Burn 🔥🔥🔥
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The big story of today is banks collapsing, on Friday Silicon Valley Bank SVB was taken over by the FDIC, over the weekend two more banks crashed. Stable coins lost their peg, Yellen came out and said we aren't doing bank bailouts right as she was announcing a bank bailout, Biden says tax payer fund won't be used which is laughable as Government gets their money from tax payers. We'll see if the Government can manage to stop a bank run today and we'll see how markets perform amid clear signs the economy is crashing and burning.
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