One-World Currency

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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Crypto-Friendly Bank Silvergate Collapses by the Numbers

Crypto-focused lender and Bank Silvergate said this Wednesday, March 8, 2023, that it is winding down operations and will liquidate the bank after being financially pummeled by turmoil in digital assets. “The problems that faced Silvergate were primarily a result of less-than-adequate risk management, notably one of relying too much on volatile short-term deposits while lending or investing at a longer duration,” Weisberger said. “This is not like the collapse of FTX, where investors

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