SVB failed because the alleged Government bonds they are holding are underwater and costs them $15 billion in losses. It was NOT due to wild speculation by SVB, but by Biden’s total incompetence when dealing with inflation, the supply chain, energy creation, illegal immigration and transportation. Trump left the economy in a strong enough position that it took 26 months for it to totally collapse. But even this situation can be fixed, but not with this administration. Maybe the next and definitely if someone like Trump takes control who actually understands government does not fix things because they do not MAKE anything except problems. If you did not believe stolen elections have consequences, well welcome to reality. In small words, EVERYTHING JANET YELLIN IS TELLING YOU IS A LIE. If SVB is insolvent, so is EVERYBODY else
SVB failed because the alleged Government bonds they are holding are underwater and costs them $15 billion in losses. It was NOT due to wild speculation by SVB, but by Biden’s total incompetence when dealing with inflation, the supply chain, energy creation, illegal immigration and transportation. Trump left the economy in a strong enough position that it took 26 months for it to totally collapse. But even this situation can be fixed, but not with this administration. Maybe the next and definitely if someone like Trump takes control who actually understands government does not fix things because they do not MAKE anything except problems. If you did not believe stolen elections have consequences, well welcome to reality. In small words, EVERYTHING JANET YELLIN IS TELLING YOU IS A LIE. If SVB is insolvent, so is EVERYBODY else