Silicon Valley Bank Collapse Explained in under 15 Minutes
Liberty Lockdown
00:00
Introduction
Silicon Valley Bank was a large commercial lender or commercial bank. They had a whole bunch of deposits that were coming from Silicon Valley. The Fed reverses its policy in terms of interest rate hiking, took the Fed funds rate from about a quarter percent up to almost 5%. That is a cataclysmic shift when you're talking high finance. And this is a totally a product of 2020 in the lockdowns and the supply chain breakdowns. It was totally avoidable. I told you the truth. If you've been following me for three years, you already know I toldYou the truth. It's the truth."
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