"Silicon Valley Bank, Just The Tip Of The Iceberg"
Silicon Valley Bank is yet another example of corruption in the banking sector.
We need a criminal investigation into SVC, but most likely they will be bailed out before the collapse of more financial institutions is triggered. We know Wells Fargo has problems, almost on a continuous basis. Apparently deposits were disappearing and many customers complained of incorrect balances.
The ultimate blame belongs to the Federal Reserve. It was set up with the promise of ending booms and busts.
Instead, they intentionally brought about continuous booms and busts.
I still favor “real money:” gold and silver, but it wouldn’t hurt to stock up on storable food and ammo.
Read the post at GRRRGraphics.com
—
Ben Garrison
In Album: MAFury's Timeline Photos
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