SVB BOUGHT For ONE $! $100 BILLION GONE in the Markets! The CRASH is Upon Us & YOU'RE Paying For It!
HSBC UK swooped in a purchased the SVB subsidiary in the UK for one Pound Sterling. That is not a typo, they bought the bank for about $1.20. Yikes.
The first business day after the collapse of Silicon Valley Bank got off to a bit of a rough start. $100,000,000,000 disappeared from the market. Yes, that's 100 BILLION DOLLARS. Not great.
The Wokeness and lies inside the corporate structure of SVB continue to unfurrel. Former Lehman Brothers and Deutsche Bank employees, including Kim Olson, the lady who took over from Jay Ersapah, was instrumental in the need for Deutsche Bank to pay out BILLIONS after the Great Recession due to their shady practices. Joseph Gentile simply helped run Lehman Brothers into the ground. Great hiring practices at Silicon Valley.
But Biden and his cronies are doing what they do best: Spend YOUR money. Bailouts by any other name still cost as much. But this is a nefarious position. Trying to outspend inflation isn't a winning strategy. With new economic data to drop this week, we are nowhere near the end of this insanity.
When one company this connected gets WOKE, we could see EVERYONE go BROKE!
Sources:
The Epoch Times: https://www.theepochtimes.com/hsbc-buys-silicon-valley-banks-uk-subsidiary-for-1-pound_5118357.html
New York Post 1: https://nypost.com/2023/03/13/silicon-valley-bank-execs-worked-at-lehman-brothers-deutsche-bank/
Daily Mail: https://www.dailymail.co.uk/news/article-11855573/100BN-wiped-banking-market-SINGLE-DAY-bloodbath-Wall-Street.html
NYP2: https://nypost.com/2023/03/13/biden-move-to-insure-pro-democrat-svb-depositors-slammed/
Subscribe to My Fitness/Nutrition/Mindset Channel DKS's 52 Fitness: https://www.youtube.com/channel/UCzaLZalDUKEe_I7Ot-me68Q
Subscribe on YouTube: https://www.youtube.com/c/DonKhanSwaylo
Subscribe on Rumble: https://www.rumble.com/donkhanswaylo
Subscribe on Odysee/LBRY: http://www.odysee.com/@DonKhanSwaylo:5
Follow on Twitter: http://www.twitter.com/DonKhanSwaylo
#SVB #StockMarket #Stocks #SiliconValley #SiliconValley #JayErsapah #Woke #GetWoke #GoBroke #Biden #Bailouts #StockMarketCrash #MarketCrash
-
11:58
Don Khan Swaylo
1 day agoThe Acolyte is DEAD! Star Wars FAILS to Chart Ahead of AWFUL Finale!
391 -
52:58
Alex Zedra
7 hours agoLIVE! Another Girls Scary Game Night
39.9K16 -
UPCOMING
LFA TV
23 hours agoChaos on the Left as Obama Loses Control | Trumpet Daily 7.10.24 9pm EST
41K21 -
1:51:13
Fresh and Fit
9 hours agoHow Pop The Balloon Exposes Modern Women...
112K52 -
1:24:47
Kim Iversen
9 hours agoWhistleblower: Kids Are Being Trafficked At The Border, The Govt Is Complicit
68.9K68 -
39:55
Candace Owens
10 hours agoRussell Brand & I Are Going To Break The Internet | Candace Ep 22
74.9K146 -
1:33:58
Glenn Greenwald
11 hours agoMedia Now Admits About Biden What it Long Denied; Is Biden a "Good and Decent Man"?; Ukraine War Appears Permanent During NATO Summit | SYSTEM UPDATE #295
99.8K209 -
58:52
The StoneZONE with Roger Stone
11 hours agoThe LATEST On The Democrat Civil War | The StoneZONE w/ Roger Stone
67.7K33 -
47:30
Patriots With Grit
17 hours agoRetooling Missouri's Political Machine: Placing People Before Politics | With Bill Eigel
71.6K5 -
7:21:05
Akademiks
18 hours agoKendrick Lamar has his Homie send message 2 Drake. "There's Hope for Redemption". 10K hit on Foolio?
148K31