i dont think anyone really screwed anyone it was just timing of alot of things that came together to cause issues. someone explained it really well. svb like alot of banks invest deposited money in bonds. now bonds are usually ok if you can hold your money in it. the theory is we buy bonds and collect the interest over time so we can make the depositor whole down the road. svb made a very poor judgement call on interest rates and hikes. they gambled on the rate hikes not being as sharp and frequent as they were which was obviously wrong. as interest rates went up people wanted to put their money in other places forcing svb to sell their bonds early at a huge loss because if you sell bonds or cds before maturity you get charged a penalty ie lost money. because of this they didn't have the cash the cover their deposits which let to this. if people didnt pull all their money out due to higher interest rates in other avenues of investment this would have never been an issue. im curious to see if other banks will raise their interest rates for customers on their money to prevent bank runs like this in the future
"At some point the fed's going to have to go all the way back to zero, maybe even take rates negative to save the banking system. Because they don't even realize... that they're the ones causing this problem. They're going to cause a systemic liquidity crisis in the small and mid-sized banks. It's going to cause outright panic and now you're seeing just the beginning." ~Steven Van Metre, 03/10/2023
The bank only has money when people or other businesses deposit money into said bank. New plan, buy a safe and deposit your hard cash in your own safe.
SVB needs to be bailed out by the Federal Government pronto. They were blind-sighted by higher interest rates. How were they supposed to know that higher interest rates lowers the value of bonds and mortgage type securities?
Foreclosures coming ? 😎 The beginnings of "Zee Will Own Noting..." & the rollout of CBDCs ? 😘😆 The Grey State trailer coming a reality (in 3 years or so) ? 🤔😑
Thanks for continues updates🙌🇫🇮. I'd rather trade the Crypto market as its more profitable. I make an average of $19,000 per week even though I barely trade myself.
@@mosesfawole6181 I engage in various prolific Investments by compound interest & leveraging and as well operating with an Investment Professional Mr Charles Lucas, So far I've attained returns over $8000 this mon'th.
Wow😊l know him and I have also been trading with him, he's such an amazing man with good skills, keeps me happy all week knowing I earn 15thousand extra income trading with him.
While the search for yield drove many flush with cash to long-term instruments (paying at least some interest beyond then-inflation)...it was silly to believe that rates, and monetary policy would continue to be easy forever. Everyone knew, sooner or later, rates would have to head up, and back to historic norms.
Shocks who??? I wasn’t shocked bc I follow astrology, and this NEVER FAILS. Precisely as astrologers have been saying for eons re March 2023. Pluto entering Aquarius. Classic. Nothing shocking.
Silicone once squeezed by everyone going after ass sets it eventually will burst and that silicone investment has to be firmed back up. If government gets involved in silicone everyone's going to lose their asses and they will never be ome firm again .
Lesson learned. Don't keep over $250,000 in the bank.
Buy gold for the real money
ok, i will spread my 50 million cashflow over 200 banks, thanks for the advise.
But that's just not practical or even possible for many buisnesses. There is what should be done and then there is reality.
The Bank pays its bills first,,, Then you miight get your money ?? maybe ???
If only! 😆 That’s like opening 2 bank accounts just to save up for a (probably) 3 bed 1 bath in SF 😂
Little secret- no banks have actual money anymore
Mhm. But common sense actually. 😏👌👍
It's all digital. Very convenient for a CBDC rollout. 😏😕
True. The FDIC isn't even close to having a fraction of the assets need to cover all of the liabilities it is about to be demanded to cover.
@@commonsense504 about 2% is insured 🥶🔥⚠️
"... and it's gone!"
Anyone over $250k don't expect any money given to you. I wouldn't be surprised if they ask the Fed govt for a bailout like they did in 2008
What world are you living in. The government will pay every dime. Even the money above the $250,000.00. Watch and see.
Look up Dodd Frank Title II. The depositors are screwed!
Literally the bank ran out of money.
Wouldn't it be a crime for any bank to do this?
It's ok the upper management got their money out first.
This is what matters. 🤔
No loyalty in the Valley!
Loyalty to whom?
You should never be loyal to a bank 😅
Oh well, at least it was a richly diverse and highly progressive bank
Build back better!!
Zee will own noting... 😘😎😆
World Economic Forum
Global Reset
@@davidbolha and be HAPPY
Even rich people screwed rich people.
Always happens, the ceos and politicians always screw eachother and retirees and investors... they hurt nice rich guys all the time
i dont think anyone really screwed anyone it was just timing of alot of things that came together to cause issues. someone explained it really well. svb like alot of banks invest deposited money in bonds. now bonds are usually ok if you can hold your money in it. the theory is we buy bonds and collect the interest over time so we can make the depositor whole down the road. svb made a very poor judgement call on interest rates and hikes. they gambled on the rate hikes not being as sharp and frequent as they were which was obviously wrong. as interest rates went up people wanted to put their money in other places forcing svb to sell their bonds early at a huge loss because if you sell bonds or cds before maturity you get charged a penalty ie lost money. because of this they didn't have the cash the cover their deposits which let to this. if people didnt pull all their money out due to higher interest rates in other avenues of investment this would have never been an issue. im curious to see if other banks will raise their interest rates for customers on their money to prevent bank runs like this in the future
Like Trump 🤣
What a load of BS. Never have any more money in your bank than you can afford to lose.
Silicon Valley Bank CEO and executives have your money.
Why would these companies keep more than $250k at the bank??
Where should companies put their money?
10% for the Big guy?
20%
Eric Swalwell also stated, "Me want more Bang Bang."
Lol 😂
And your mother was happy to oblige.
Imagine if there was a bank run on Chase, Wells Fargo, Citibank, and B of A........how many of its customers would go bankrupt???
Sam from FTX is not the only guy scamming the customers! It is the bankers who are scamming customers!
💯
"At some point the fed's going to have to go all the way back to zero, maybe even take rates negative to save the banking system. Because they don't even realize... that they're the ones causing this problem. They're going to cause a systemic liquidity crisis in the small and mid-sized banks. It's going to cause outright panic and now you're seeing just the beginning." ~Steven Van Metre, 03/10/2023
So all the rich people can't get to their money? Unlucky.
Thanks to the Administration.
Sure it collapsed but it had a great ESG score and the WEF felt they were a trusted partner.Will the U.S. be Sri Lanka soon ?
The bank only has money when people or other businesses deposit money into said bank. New plan, buy a safe and deposit your hard cash in your own safe.
Other banks are stable? Are you kidding me? By comparison to each other perhaps, but not if they are judged independently.
It's not like the value of almost every bank has plummeted in the last month or anything, right?
@@commonsense504 🤣Nice one! I just hope this is the sarcasm it appears to be.
HAHAH 😂 the tech boom is OVER
Do you not realize that isn’t good we are next…..
It will continue in china, ni hao comrad 🇨🇳
just the start tech is done for a while
“Aaaaaand it’s gone!”
Where is my money? FTX, Silvergate and now Silicon Valley Bank! They all are coming to a day of reckoning!
who and why such a big withdraw in such a short time? is a great financial warfare cooking?
That's not my bank.
I have my assets in physical gold, silver, land, seeds, generator, etc. 😏
Same here. I'd probably be making a mad dash to my bank if they have a financial collapse.
Couldn't happen to nicer customers! Boo boo.
for real the woke bank went broke lmao
Clearly, you’re stupid!
Most of banks money is a number on a computer screen
SVB needs to be bailed out by the Federal Government pronto. They were blind-sighted by higher interest rates. How were they supposed to know that higher interest rates lowers the value of bonds and mortgage type securities?
Foreclosures coming ? 😎
The beginnings of "Zee Will Own Noting..." & the rollout of CBDCs ? 😘😆
The Grey State trailer coming a reality (in 3 years or so) ? 🤔😑
If the clients hadn’t stormed the bank, it wouldn’t have collapsed.
Bullshit
Get your money out of the banks people!
NOW
I really sad
Who has the money?
Rotchild
Digital monopoly 🎭 🪤
Get out probably too late Monday though
Woohoo! I made 2k overnight because of this. The price of gold shot up.
It only went up 30 dollars in spot price per ounce. So you have 4 pounds of gold?
sure you did, you must get your gold plated bars from the friendly guy in the alley
@@jeffbarron5500 what are you talking about?
@@jeffbarron5500Your comment makes you sound stupid.
Those people are Scrooged!!!
Damn!
Mortgage Back Securities, enough said.
Thanks for continues updates🙌🇫🇮. I'd rather trade the Crypto market as its more profitable. I make an average of $19,000 per week even though I barely trade myself.
HOW! I would really appreciate if you show me how to go about it. Please can you list the platforms ?
@@mosesfawole6181 I engage in various prolific Investments by compound interest & leveraging and as well operating with an Investment Professional Mr Charles Lucas, So far I've attained returns over $8000 this mon'th.
Wow😊l know him and I have also been trading with him, he's such an amazing man with good skills, keeps me happy all week knowing I earn 15thousand extra income trading with him.
Same here, I earn $13,000 a week. GOD bless Charles, he has been a blessing to
my family.
His trading income stream is mind blowing, I also trade with him . I've made $26,500 so far trading with his guidance/advice .
I think they got that ">" wrong when it should be "
I wonder if the person that won the billion dollar lottery a few months back kept his money there
thats why ive always said i would take the annuity if i won the lottery
Organize crime has that lottery ticket
What makes you so sure that SVB's doors will reopen on Monday? Lol
They wont, the bank is confirmed closed... the hope is the regulators seized it in time and will pass peoples accounts to a better bank by monday
oh my god where is Janet Yellen!!!!
Don't worry she'll come back from Ukraine trip.
This government is so ridiculous. 😂 😂
👺😹😹😹
Holy shit
Holy cow shit!
anothr FTX. money gone. period
Somewhere in hell :
Madoff - no way no f way ….😅They never learn….
Ponzi - Told ya…
I think this is another time for big short…go big or go home
Money gone to heaven.
Didn't shock me, you can't trust anybody, thats why i keep my millions hidden all over my house
While the search for yield drove many flush with cash to long-term instruments (paying at least some interest beyond then-inflation)...it was silly to believe that rates, and monetary policy would continue to be easy forever.
Everyone knew, sooner or later, rates would have to head up, and back to historic norms.
BANK FAILURE
Remember if you have 10 million buy a Starbucks circle k, & McDonald's so you never need to buy a coffee beer/energy drink, or dinner again.
I dunno would any of you take a 30% pay cut if your employer asked you too and it's because of this situation.
🤔
Next
Housing
🤔
700K homes
When the value is $ 300K 😂
N
People still buy
Thats not the dream
You have become a slave
That's some piss poor prose. Work on your flow, holmes. 😄😅😄😜🤪😜😪😋😙😚🥲🥹😍😛😜🥲☺️😶🥲😘☺️😍😍😘🙂🙂😊
@@smithanvil-yb7xl i live comfortably and i m not rich. I dont need to be rich to be happy.
GO WOKE GO BROKE!
it a matter of time before more bank become liek this best to take money out of the bank know
And put the money where? Under your mattress 😂
Professor Levine says "Adasets?" WT heck are adasets? This guy is a professor? Professor of what? Adasets?
More cheap rent and home prices coming.
Get your money and business out of San Francisco
I had 90 kabillion dollars in there, i want it back
Keep voting dems guys. Nothing to see here
Banker's Manifesto 1892 pal. 😘😏😆
Also see Grey State trailer.
Lol, didn't want to show his face but has every stereotype of a Chinese or Taiwanese
Well this will affect black whyte brown also
HHhhHhHhHhhHahahhahahahahahhahahahahahhahahahahahahhahahahaahawhahahahahahahahahahahahahah
Smfh
joe blow economic policy.........
sooOOOo fun!!!! lol..... i run a CASH FLOW biz. no loans. WELCOME to REAL WORLD! hahjajajajjajajjaj
😯🙏🙏🙏🙏🙏🙏😁😁😁🤞
😱😱🇺🇲🇬🇧🇦🇺🇨🇦🇯🇵🇪🇺 lead by 🥳🐷🤡🐒🍌🍌🍌🍌😒😒😒😒😒🙏🙏🙏🙏🙏🥸🥸🤞
Shocks who??? I wasn’t shocked bc I follow astrology, and this NEVER FAILS. Precisely as astrologers have been saying for eons re March 2023. Pluto entering Aquarius. Classic. Nothing shocking.
Deregulated corporate capitalism may not be pretty but it is effective.
Vote more democratic in 2024.
First
🥇
Don’t lower the volume cuz This is the truth
I guess my tio was right about keeping his money in his mattress🤷🏽♂️who woulda known 😂
Silicone isn't as stable as you think, once squeezed hard it burst and can cause damage to everything
llllllllllls
Maybe it just another form of weather balloon, and the lemings scatter
Silicone once squeezed by everyone going after ass sets it eventually will burst and that silicone investment has to be firmed back up. If government gets involved in silicone everyone's going to lose their asses and they will never be ome firm again .