Silicon Valley Bank was crashed on purpose: a theory

submitted by iamonlyoneman from self.conspiracy

Either the banksters were 1000% stupid, or there was some financial whale moving enough money around in enough shell companies that wanted SVB to crater, and they pulled enough strings to make it happen. Interest rates didn't jump and make their portfolio suddenly suck ass overnight, but the bank sure collapsed overnight. It smells fishy somehow.

all 6 comments
sorted by:
top
newinsightfulfun

[–]Bigs 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Take a look at the person in charge of risk assessment and it all becomes clear.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Nah, it’s just a coincidence that they decided to test CBDCs this year. Don’t listen to what the official WEF website says; they are conspiracy theorists.

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

The bank invested in long term things that all got hit hard by interest rate expansion. They were unquestionably stupid for:

a) investing so much in similar industry that they server lending towards (diversification is risk prevention).

b) they had most investments into long term assets, while they served short term lending. This is a super well known failure to manage risk.

While they failed to do their legally mandated duties to minimize risk....

All the banks are holding these same long term investments as collateral....which have all went tits up thanks to inflation and the FED's desperate but ineffective attempts to fix it with the ways that haven't' really worked for 10-15 years.

It's all about pretending things are fine, because markets are self fulfilling prophecies of worry. Everyone knows that the Democrats went ham maxing out our taxpayer credit card and that there is no recovering from that.

If everyone did the responsible and prudent thing, and took their money out of banks, which have all become risky, and put their funds into other things, which recently became much more profitable...then the banks would collapse and everyone would move away from the US Dollar....which they probably should.

[–]iamonlyoneman[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

ok but why did it fold in a day tho

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

They had a liquidity run. All the bank is tied up in long term investments, then people started withdrawing. Those long term investments tanked in value due to failed attempts by the FED to fix the results of several years of reckless Congressional spending and election buying. To get money, the bank sold those long term investments at a huge loss (less than they bought them for), but it still wasn't enough. Once one persons withdraw of cash is oddly delayed or fails to go through, they panic and tell others. Then others try to withdraw. That is the bank run.

Bank runs only work because banks are fractional reserves, something illegal of exchanges and other financial institutions who do similar gambling, but banks got a free ride on due it being a minor risk as banks weren't permitted to gamble under the Glass-Steagall Act....but that was removed, then shortly after 2008, then this. This means they have only like 10% of the cash their they hold for their customers. When all customers withdraw at the same time, they don't have the cash to give them all their money, people freak and rush to withdraw.

[–]EddieC 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

In other words: It's a setup, a trap -- to be pulled whenever the time calls for it to be pulled
It is not just one bank, they can do this with any bank
- it is the entire fiat money banking system
 
BUT what we need to focus on now is not what's wrong with the system
- things have been wrong for so long, it's obvious these are means to usurp the 99%
 
We must now focus on freeing+immunizing self+others from usurpation - actual & potential
for Usurper-free Dom
 
It's time to stop mucking around with idle chatter
- it's time to get organized with accretive dialogue
 
ELSE, this is the writing on the wall