According to the latest reports, it seems that there is an insider of WEF who is addressing the massive collapse of the Silicon Valley Bank. Check out the latest details on one of the most important news in the finance area below.
WEF insider addresses financial US collapse
Not too long ago, we revealed the fact that there is a huge financial crisis in the US involving the Silicon Valley Bank. But what this could mean for the country and the whole world is what you should be worried about. Check out the latest reports about this below.
CNBC noted that the Silicon Valley Bank employees received their annual bonuses Friday, just hours before regulators seized the failing bank, according to people with knowledge of the payments.
“The Santa Clara, California-based bank has historically paid employee bonuses on the second Friday of March, said the people, who declined to be identified, speaking about the awards.” The payments were for work done in 2022 and had been in process days before the bank’s collapse, the sources said.
CNBC notes the fact that “This year, bonus day happened to fall on SVB’s final day of independence. The institution, in the throes of a bank run triggered by panicked venture capital investors and startup founders, was seized by the Federal Deposit Insurance Corporation (FDIC) around midday Friday.”
If we take a look at Wikipedia, we can see the following info about the bank:
“Silicon Valley Bank was a commercial bank headquartered in Santa Clara, California. SVB was the 16th-largest bank in the United States at the time of its failure on March 10, 2023, and was the largest bank by deposits in Silicon Valley. It was a subsidiary of the bank holding company SVB Financial Group.”
Now, it’s been reported the fact that
The domino effect
Now, it’s been revealed that a WEF insider has been caught boasting that the Silicon Valley Bank crash was an orchestrated plot that went to plan perfectly – and the crash will have a domino effect on the banking industry, leading to a global financial meltdown.
And it appears the domino effect has begun already, with Signature Bank in New York closed by regulators citing “systemic risk.”
Regulators closed New York’s Signature Bank, citing systemic risk.
Signature is one of the main banks to the cryptocurrency industry. As of Dec. 31, Signature had $110.4 billion in total assets and $88.6 billion in total deposits, according to a https://t.co/8HZ1aAh7Tb… https://t.co/M11k44waMt pic.twitter.com/sMbcPZ2X7N
— Upward News (@UpwardNewsHQ) March 12, 2023
Anyway, did you know that Joseph Gentile, an executive at SV Bank has been around for other crises as well?
Do you know where Joseph Gentile worked before he was at Silicon Valley Bank? He was the chief financial officer at Lehmann Brothers, which was the largest bank to crash in US history.
Like I said, Lehman 2.0 – when you’re levered over 10x++ and you sell assets for a loss, it’s a catastrophe.
Joseph Gentile was the Chief Administrative Officer at @SVB_Financial $SIVB
Prior to joining in 2007, he served as the CFO for Lehman Brothers’ Global Investment Bank. https://t.co/Vu6tf2zFb0 pic.twitter.com/RFUwBL0rFU
— Straton Oak (@StratonOak) March 11, 2023
NewsPunch notes this: “Where do you think he worked before Lehmann Brothers? Do you remember a company named Enron? Enron was an energy company based in Houston Texas and a Wall Street darling in the 90s. Do you remember Enron getting shut down in late 2001? Enron was the biggest bankruptcy in US history and the biggest audit failure. The founder and CEO were sentenced to 24 years in prison.”
The same publication notes the fact that Joseph Gentile was at the helm of all three companies before they went to the wall. And unlike his colleagues, he has never faced justice. The mainstream media want you to believe that this is just a coincidence. But there are no coincidences.
Just in case you thought you were bad at your job, Silicon Valley Bank’s $SIVB Chief Administrative Officer Joseph Gentile was the former CFO of Lehman Brothers ???????? pic.twitter.com/SLbNdWw1BR
— Stock Talk Weekly (@stocktalkweekly) March 12, 2023
An illusion warfare
As we already know by now, the world has been sinking into all kinds of crises lately, and it seems that this is a trend that we have to get used to.
We may be facing a massive financial crisis now, and unfortunately, it could also be due to fear. Fear is one of the most powerful weapons, as you can get people to do whatever you want them to with its help.
The Silicon Valley Bank in the US – the best case study of Illusion Warfare – tomorrow might be a “Black Monday” scenario, a bank run and market collapse
Illusion = Belief = Manifest – this is an extremely important issue that people have to remember.
By collapsing the SBV, they create the ILLUSION a banking crisis is happening, and the easily fooled BELIEVE this and withdraw their money from ALL BANKS, MANIFESTING an actual BANKING CRISIS.
If things happen as planned or not remains to be seen.
SBV collapse – a trojan horse for the implementation of CBDCs?
Along with the digital Id, the world elites are planning to implement CBDCs for a while as well.
— David Wolfe (@DavidWolfe) March 10, 2023
Below, you can check out the EP discussing the need to implement a digital ID.
Having a digital identity card could make life easier.
MEPs are currently working on a European Digital Identity (eID), meaning less paperwork when accessing key services, like requesting official documents or renting a car across Europe.
More: https://t.co/Q4POBcTPNg pic.twitter.com/jbl4ExVRrt
— European Parliament (@Europarl_EN) March 9, 2023
There is a massive wealth transfer taking place for a while now and the people are the ones affected.
This is just the beginning. A crack. Nothing more. But it starts with a crack. The perfect storm is brewing: end of fiat, dedollarization and a petrodollar run, stockmarket et al. Bail-outs unlikely, if not impossible, so get ready for bail-ins and bank runs. Perfect storm=shit… https://t.co/w9RzVcgQT4
— A Timber Rattler (@ATimberRattler) March 11, 2023
The dominos begin to fall, and tomorrow might be an important day in history.
— TonyG (@TonyG2024) March 11, 2023
As I said above, all this could only be the Trojan Horse for the implementation of CBDCs.
#CBDCs | “The Federal Reserve Is Considering a CBDC Digital Dollar. The Implications for Privacy & Freedom Are FRIGHTENING.” – Steve Forbes + “CBDCs Will Be Implanted Under Your Skin.” – Richard Werner (Professor / CBDC Expert) – #CBDC#CBDCs#CentralBankDigitalCurrencies pic.twitter.com/z4TDa9P7z9
— Clay Clark (@TheClayClark) March 2, 2023
CBDCs mean the end of our freedom as we know it, along with the digital ID and 15-minute cities. But I will cover these subjects the next time. Until then, remain vigilant and keep your eyes on the markets and stocks as well.
Stay tuned for more news.
