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Silicon Valley Bank Collapses

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vad:

--- Quote from: BravoV on March 19, 2023, 11:45:21 am ---Imagine you're rich oligarch say like rich Arabs or Asians that put your money in Swiss, looking what they did to rich Russian oligarch (even they're Putin's haters  :-DD ) and just seize and steal your wealth, ever thinking to pull your money out ?

--- End quote ---
If you are referring to oil-rich Arab monarchies, I have bad news for you.
You cannot have oligarchs under monarchy, despite what they tell you on TV in Russia.

Any bank that wants to operate in the West will comply with sanction regime imposed against Putin’s wallets and Putin’s cronies, or face secondary sanctions.

No reputable bank would support regime, whose leader is accused of war crimes and has international arrest warrant issued for him.

jonpaul:
Bonjour à tous

After the SVB, and silverGate Today's failure and takeover of hugeCredit Suisse, a 150 year old highly regarded Swiss Bank, is now the third bank failure in just 10 days.  Even the FED, US treasury, ECB, and Swiss government cannot stem the rising tide of bank runs and  metatastizing  loss of bank confidence

A natural.and long predicted result of

a, Fiat currencies with zero metallic backing
b, Fractional réserve banking
c. sovereign debt explosion due to socialiste control of USA and EU budgets
d, impacted of rapidly rising énergie costs, inflation
e "Black Swan" of Covid-19 and then Putin's Ukraine war.

The extreme volatility in all markets,and régions and widespread market impact may Signal the start of a major turndown.

your thoughts?

Jon

BravoV:

--- Quote from: vad on March 19, 2023, 01:16:23 pm ---No reputable bank would support regime, whose leader is accused of war crimes and has international arrest warrant issued for him.

--- End quote ---

Like those claiming there was a WMD in Iraq and bombed the hell out of them ? Wait ... nah, you will never be smart enough to get this.  :-DD

coppice:

--- Quote from: vad on March 19, 2023, 01:16:23 pm ---No reputable bank would support regime, whose leader is accused of war crimes and has international arrest warrant issued for him.

--- End quote ---
Reputable next to bank? That's a strange sentence. Real banks usually love war criminals. They tend to be loaded.

tom66:

--- Quote from: BravoV on March 19, 2023, 01:48:51 pm ---
--- Quote from: vad on March 19, 2023, 01:16:23 pm ---No reputable bank would support regime, whose leader is accused of war crimes and has international arrest warrant issued for him.

--- End quote ---

Like those claiming there was a WMD in Iraq and bombed the hell out of them ? Wait ... nah, you will never be smart enough to get this.  :-DD

--- End quote ---

It's possible to think Putin is a war criminal and W. Bush is one too, but also accept the likelihood of Bush being prosecuted in our lifetimes as practically nil given the US does not accept any higher authority above itself.  They have a law which would legalise their invasion of the Hague if one of their soldiers were to be put on trial.

In fact, I once heard it quipped that if the US government had evidence God was real they'd go to war with the almighty to avoid accepting a higher power. 

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