Banker

Silicon Valley Bank Collapses by The Numbers After Failing to Raise Capital

In the wake of the Silvergate collapse on March 8, Silicon Valley Bank (SVB Financial) began to collapse on March 9, the 83rd day of the Pope’s age, whereas it officially collapsed on Friday morning, March 10, exactly 83 days after the Pope’s birthday. Remember, SVB began having trouble on the same day that Silvergate collapsed, on Wednesday March 8, like 3/8 or 83 backwards. Collapse = 83Market Collapse = 83 As you should […]

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Fed Issues Biggest Rate Increase in 22-Years

The Federal Reserve raised interest rates by a half-percentage point this Wednesday to get a handle on the worst inflation America has seen in 40 years.It’s the first time in 22-years that the central bank has ‘hiked’ rates this much, and it’s no coincidence that this happens in ’22. This goes hand-in-hand with the Dow falling 810 points back on April 26 and the Deutsche Bank warning about recession. More is coming and this

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