 I mean this is definitely not the right street in New York to be talking about financial stuff I I could just drive another five minutes down to Wall Street, but it's like Sunday night and I'm tired and that's further from home So we're staying here. We're in New York. It's it's financing, right ish Anyway, I'm sure most of you have heard that Silicon Valley Bank took a dump last week aka the bank failed completely crashed its stock really bad and I just heard a few hours ago that two additional banks have crashed Silvergate Bank and Signature Bank now originally I was just planning on talking about Silicon Valley Bank and By the time Monday rolls around when you guys are seeing this video I who knows three more banks might have crashed because I'm filming this Sunday night So originally I was just going to talk about the Silicon Valley Bank stuff now what happened was and Keep in mind by no means is this what actually happened. This is what they told us in the news what we have been told We don't know what's actually going on, you know behind closed doors so Silicon Valley Bank announces that they had to sell some securities and Also, we're going to sell additional shares of its stock because they weren't liquid enough But before they announced that the Big people the CEO The major shareholders sold millions and millions of dollars worth of stock weeks before this announcement and Hours before the bank actually went down a lot of employees got very very large bonuses. So this announcement was plans and Pause the bank run and a bank run is when Basically, all of the banks clients go to it and try to withdraw their money So, you know, whether you bank at Chase or Citibank Wells Fargo Bank of America Imagine that You know Bank of America stock is crashing and all that stuff and you run to the bank to take out your money that's what happened with this bank Silicon Valley Bank, which was known for like tech companies startups and 97% of them allegedly had over two hundred fifty thousand dollars deposited, which is Apparently important because the FDIC only insures up to two hundred fifty thousand dollars. So I mean, that's a whole debacle and You know whether or not That's true. It's hard to say but most people did not get their money on in time because Silicon Valley Bank was not liquid, you know banks don't just hold all of your money they invest it and Try to make money back Based on their their usual active operating kind of value So the bank knows how much money it needs to have in it in order to satisfy all of the clients needs So, you know, if there's two hundred billion dollars in the bank and they only need ten billion liquid They're not gonna keep two hundred billion. They're gonna invest a hundred ninety billion into other stuff However, all the clients saw this and freaked out and were advised to withdraw their money Silicon Valley Bank didn't have the money That caused the stock to dump like 80% and it actually got shut down by the federal government and They actually took over Silicon Valley Bank now. Someone was supposed to buy the bank they were trying to sell it last week, but no one took the offer and Silicon Valley Bank said that they have their money in government bonds And that means that they supposedly bought bonds a few years ago with a pretty low interest rate And they're supposed to get their money back in a few years However, they didn't have the money now to pay back their clients now Who believes that, you know, to me that was the biggest lie in this whole thing What's the likelihood that Silicon Valley Bank actually had government bonds? And no one was willing to buy them out. I Don't think they're telling the truth. I think that Silicon Valley Bank big tech stuff big crypto stuff I think they had some volatile assets and they're not telling the truth You know, could they have been invested in crypto and that's getting to the bigger picture of what I think this is about because the crypto market Seems to be steady now Bitcoin hasn't dumped in a while. Nothing has dumped in a while besides the FTX debacle. I Think that no one's buying crypto and I've said it for like years now I think crypto is a pyramid scheme So I think it's been long enough that no one has been buying crypto and all of these big banks are Investing in crypto that they have to dump them and lie about it So I think a crypto crash if I had to bet is coming somewhat soon and any bet I mean signature bank and Silvergate Bank the other two banks that just dumped Were heavily affiliated with crypto lending So that reinforces what I thought about Silicon Valley Bank. I don't think they had government bond That's what they told people there's no proof of it And there's multiple news articles stating that Silicon Valley Bank had government bonds but that doesn't seem to be the truth because I Would assume that another bank would have bought them if that was the truth Even if they took a five or ten percent loss, they could have still covered all of their clients deposits Look, look, I mean, this is this is just my hypothesis But the stories don't end up and we know based on the past that there's a lot of greedy people that like stealing other people's money so Someone is getting screwed over and someone's taking their money. That's it that the simple Point of what's going on here is Someone is stealing someone else's money now whether that's you know the elite of the elite stealing money from lower-level elite whether that's the elite stealing money from small businesses or Start-ups or clients point is a lot of money is getting stolen And the people at the top are trying to alleviate their damages As we said earlier the CEO cashed out millions of dollars of stock beforehand all of these other crypto related banks are going down So I think the truth is going to come out about the crypto Ponzi scheme sooner or later You know with the economy being really really bad and known investing no one's spending money You know Bitcoin and all those crypto currencies rely on pump and dump similar to the stock market, but it's a lot more vital and reactionary and not as a shirt I think what it really is is over the past year and a half year crypto hasn't been able to pump and dump anymore and and these elite people these society members that are still holding Crypto they can't even cash out. That's the big problem No one's buying crypto at the current price and they don't want to dump it. They have too much money in the game and They can't they can't even cash out. I bet some of them can't even break even so what they're doing is they're trying to hold on to their money in their investments in crypto and Wait and hope that people are going to reinvest But now that people aren't reinvesting they have to cause these crazy crashes So so whether it's about crypto or Bitcoin or whatever whether I'm right or wrong something fishy is going on and You know people also said that Jim Kramer I think he's on NBC talks about stocks and people always joke like do the opposite of what he says About a month ago. He actually suggested people buy Silicon Valley Bank stock so With his platform you're assuming that People invest millions and millions of dollars into Silicon Valley Bank stocks so that the crooks that control NBC could cash out their own money I mean the bigger picture, which I'm sure you guys know is You know There's a small group of people that control most of the wealth of the masses And this is just another scheme that goes along with what they've been doing for thousands and thousands of thousands of years It's just something that people are unfamiliar with So my advice to you if you want to get really rich You marry a nice short handsome Italian guy. You have a beautiful daughter, right beautiful daughter and You get your beautiful daughter to sleep with the CEOs of these companies and you find out when these ugly fucking Cock-suckers are gonna cash out. That's how you get fucking rich Unless it's just blind luck, which doesn't really happen. It's all it's all insider trading. It's all nonsense guys they're not telling us the truth about what's really going on and I Thought I had a reasonable Hypothesis and grasp of how this was gonna blow up just based on the Silicon Valley Bank stuff But ever since finding out the other two banks crashed as well. Who knows? people are saying that you know Silicon Valley Bank is going up the biggest thing I haven't talked about yet is how many people lost their money There were there was hundreds of billions of dollars in Silicon Valley Bank that these companies cannot get or recuperate and the FDIC only covers 250k so now What's gonna happen if I was one of these companies? I would immediately I mean they would have to file a federal lawsuit on Monday and get an injunction on Tuesday to see the Books of Silicon Valley Bank and find out what the fuck is actually going on. That's what I would do I would find out if Silicon Valley Bank actually has treasury bonds Whatever bonds they said they bought and then okay, then then that would be a little more comforting because you would know that The government can step in and sell those and people will eventually get their money back, but I Guess that's that's the big if you know, why would they lie about having bonds? Why didn't they post proof of it? I don't know. I don't really know I just figured I would talk about this and give you guys my perspective. I could be right. I could be wrong either way You know, I'm not working on wall. I don't like stealing people's money So thank you guys for joining me. Hopefully you enjoyed a little change of scenery You guys can go to Frank dash to find our com if you'd like to support me through my businesses that are actually legitimate that provide value But outside of that guys, please drop a like on the video. 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