© NBC News Screenshot
Absolutely not.
The collapse of SVB is just a symptom of the current worldwide economic freefall being deliberately fostered by central banks.
If you are at all familiar with any of my work or have paid attention to the many articles I have written for the Trends Journal, then you are already keenly aware that right now today the entire financial system is breaking down... and this is NOT any accident. (We are in the early stages of a deliberate systemic failure).
Today the world economy is in an accelerating freefall, teetering on a knifes edge, being deliberately pushed off the financial cliff by central banks who are collectively attempting to crush the existing system only to issue in a new one.
Roughly 8 months ago, I began to warn those who follow my work on YouTube, (check out my older videos), that the banks are in trouble. It just became too obvious, and the current situation with the banks comes down to just THREE things: no deposits, no loans, and no deals.
In truth, it's NOT the banks who are in trouble, but as always-We the People. Just some of the fallout from the SVB collapse is this; depositors with more than the government $250K FDIC insurance will never be made whole, and nor will the shareholders, who were just up until a few days ago being told that everything with the bank was sound. Not to mention the throngs of people who just became unemployed. The greatest threat? The collapse of smaller/regional banks will allow the MEGA banks to consolidate power.
And where were the banking regulators in all this?
How did they not see this coming?
Or is it possible that the regulators did see this coming, and they just turned a blind eye. Remember this, in the current environment NOTHING is what it seems to be.
Why would banking regulators just "allow" an overnight collapse of SVB, the 16th largest bank by assets in the US? And are we likely so see more regional/smaller banks fail?
Are we to believe that banking regulators are just incompetent? Moreover, as a reality check, understand... there is absolutely no way that the Federal Reserve nor the US Treasury could not have seen this coming. Remember, NO DEPOSITS, NO LOANS, NO DEALS! If this "no deposits, no loans, and no deals" situation is just plainly obvious to you and I, are we to believe that banking regulators, the US Treasury, and the Federal Reserve just entirely missed this? How about NO.
Let's ask another question... why didn't a single larger bank step in and bailout SVB? Well, the mainstream media financial channel commentators appear to be completely baffled as to why no big bank offered to step in and "save" SVB. Well... here is why.
The collapse of SBV, and there will be others, creates a "fire sale" opportunity for the major banks. Not a single major bank stepped in to save SVB because now this collapse presents them with a MAJOR opportunity to now be able to acquire assets from this collapse for next to nothing, pennies on the dollar. Moreover, the big banks by design will now become even larger as more regional bank collapses occur, allowing for more fire sales.
I fully expect that the overnight collapse of SVB will be followed by more, smaller/regional bank failures, AND THAT MEANS MORE FIRE SALES of assets and opportunities for the major banks.
In my opinion, we are about to see a consolidation of the entire banking system accelerate, with more power, and more assets concentrated in the Wall Street Super Banks. ANY "contagion" regarding regional/smaller bank failures will of course allow for the Too Big To Fail institutions to get MUCH bigger.
Do you really believe that any of this is by accident? And no one saw this coming?
EXPECT MORE REGIONAL/SMALLER BANKS TO FAIL.
This SVB failure is just the latest example of a FED that works for its own benefit. Greenspan claimed they eliminated the business cycle in the 1980's - looks like that hasn't worked out too well...!