The Banking Failures Were Planned
Manage episode 363662204 series 3454418
It all started with Silicon Valley Bank (SVB).
Soon after, Signature Bank went under.
And then, First Republic.
These three banks wiped out almost half a trillion dollars in deposits. And if that figure doesn’t quite resonate, let me put it in perspective:
In a matter of months, a few regional banks lost more than the entire banking industry did in 2008.
But these banking failures wouldn't have surprised you...if you knew who planned it.
We reveal who orchestrated the collapse of these banks, and more importantly, why.
Full article with images and graphs can be found here: https://www.equedia.com/the-banking-failures-were-planned/
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39 episodes