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SVB Fails, This Could Be The Big One - Bob Moriarty

LEOTHEPANTHERA

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Is the State of the United States Going to Fail?

Silicon Valley Bank had loan money to lots of cryptocurrency companies. The biggie was the increase in the interest rates that took the value of the bonds down. Peter, I think it's named steel set on Thursday, told his herd of venture capital companies, you need to take your money out of the bank. But here's what nobody understands. Every bank in the world will collapse if there's a run in the bank. It has nothing to do with anything else. And I think government's doing the wrong thing. There are so many black swans flying around now that predicting which one is going to crap on you first is very difficult.

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