"SVB Banking News" With Lynette Zang and Bix Weir 3-12-2023
BREAKING NEWS: Banking Collapse! -with Lynette Zang
3-11-2023
In this special breaking news report, Lynette Zang discusses the collapse of Silicon Valley Bank, the risks of rising interest rates and the interconnectedness of the banking system.
With SVB Bank, Silvergate, and Wells Fargo in focus, Lynette delves into the possibility of a contagion. Will this be the straw that breaks the camel's back for the Federal Reserve and the banking system?
Stay tuned to find out.
Chapters:
0:00 New Enron?
1:05 Interest Rates
4:01 Contagion Fears
7:24 What Cause SVB Bank Run?
10:49 Silvergate & SVB Shares
16:41 FDIC Shuts Down SVB
19:15 Securing Your Wealth
ALERT! Silicon Valley Bank Has Failed! $152B Uninsured Deposits DESTROY Silicon Valley!
(BiX WEIR) 3-11-2023
There's no stopping the collapse now. Just a matter of time for the 18,400 Regional Banks to suffer the same fate.
Buy physical silver and sit on the sidelines!