Massive Amounts of Capital Provided by SVB to Chinese Tech Ventures
Now Biden FDIC and Federal Reverse Are Bailing It Out???
Clearly Biden AND the Federal Reserve Are Working for China
Sunday morning (12-Mar) the US House reported that they have the goods on the Bidens’ corrupt and criminal actions with China.
Click the image to view the 4-minute video on this report…
Meaning?
The Bidens are in bed with the corrupt China regime and the House has the evidence.
The Bidens were receiving money from the CCP.
The collapse of Silicon Valley Bank (SVB) has created a sense of panic within China’s tech start-up and venture capital (VC) sector, as the lender served as a bridge between US capital and Chinese tech entrepreneurs.
As of Sunday afternoon, topics related to the collapse of the bank, including “SVB bankruptcy has spread to multiple countries” and “SVB bankruptcy affects Chinese entrepreneurs”, were trending on Chinese microblogging site Weibo, with posts receiving hundreds of millions of views.
Many in the financial industry are wondering if this a deja vu of 2008.
While most tech companies and banks in China have avoided commenting publicly on the collapse, it has raised concerns among venture capitalists and start-ups in the country, many of which view the US-based bank as a golden opportunity to access the American capital market.
Which ks making ANY form of a bail out, even if just for depositors, a bailout - what could be worse is if this turns out to be the start of money laundering to boost China’s sagging financial status.
SVB is not the only bank in trouble - Signature Bank has been closed by the regulators as well ( see their press release here )
And as was in the 1980s as well as 2008, there most likely is going to be a domino effect trhough out the financial and capital venture sectors this week.
Biden and the Treasure are expected to give a speech first thing this morning (Monday, 13-Mar) and we will be watching everything closely this week.
The storm is not longer coming - it is here…