U.S. government guarantees all Silicon Valley Bank deposits, money available Monday

Back in 2008 when the finance tornado hit us, I had hoped (not very high though) that this might be the occasion when the financial system gets its long overdue cleanup. That was not only a nothing burger – it was far worse than I predicted in my bad scenario forecasting. Banks and the financial industry were saved with loads of freshly minted money, the financial industry got its sticky fingers onto a money maker of unseen proportions that is Climate Alarmism and virtue projection became the name of the game everywhere. Since 2008 I am sure that we will hit the wall, a crisis worse than in 1928. This is the end of the beginning. You aint seen anything yet. 

Linkedin Thread