US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
Geopolitical Economy Report
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The SVB Scam
The Silicon Valley oligarchs are trying to portray these ridiculous banks as regional banks fighting against Wall Street. But they were actually enriching the investment banks on Wall Street. The bank was clearly paying a dangerous gambit with its depositors money. It should not have been bailed out, but it was bailed out by the US government. And here, this isn't even the beginning of the scandal. Elon Musk, Peter Thiel, David Sachs, the PayPal mafia and their friends, they're the ones being bailed out.
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