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SVB the Iceberg in the Global Financial Meltdown Coming!

Submitted by Dave Hodges on Sunday, March 12, 2023 - 22:41.

- The Ecnomic Truth

So we've all heard that Silicone Valley Bank has failed, and it's put into FDIC receivership. The FDIC holds about $129B in assets in their insurance fund. SVB, as per their December 2022, held $173B on their balance sheet. The issues started with a bank run where they had to sell their treasuries to cover asset flight from bank deposits. The problem is that the treasuries are being sold at a loss due to rising bond rates. Most likely, Bailins are coming to SVB.

SVB Stock is down 60% overnight.

How bonds lose value:

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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