Why Silvergate and Silicon Valley Bank Failed #shorts
In this short video, I'm sharing why Silvergate and Silicon Valley Bank failed. And contrary to what you might have heard from the news, it wasn't because of the recession or bad loans. It also wasn't because of Crypto. It was all due to the Federal Reserve and their execution of quantitative easing.
Look closer and you'll see that these banks failed because they were built on a foundation of sand. Don't be fooled by the narrative from the news – these banks didn't fail because of anything inherent in their businesses. It was simply a case of being in the wrong place at the wrong time.
#SVB #Silvergate #crypto #cryptonews #bitcoin #ethereum
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