{"id":159458,"date":"2023-03-10T19:02:27","date_gmt":"2023-03-10T23:02:27","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=159458"},"modified":"2023-03-13T07:15:57","modified_gmt":"2023-03-13T11:15:57","slug":"lehman-2-0-silicon-valley-bank-collapse-and-closure-foreshadows","status":"publish","type":"post","link":"http:\/\/stateofthenation.co\/?p=159458","title":{"rendered":"

LEHMAN 2.0:<\/span><\/b> Silicon Valley Bank Collapse and Closure Foreshadows……<\/span><\/h1>"},"content":{"rendered":"

<\/p>\n

… the controlled demolition of the
\nGlobal Economic & Financial System<\/h1>\n
\n

\"\"<\/p>\n

\n

Dotcom Bubble Burst 2.0 + Silicon Valley Bank
\nCollapse = 2023 Market Crash & Second Great Depression<\/b><\/h2>\n
\n

Submitted by The Global Gambling Casino Analyst<\/em>
\nSOTN<\/a> Exclusive<\/p>\n

\n
\n

“Silicon Valley Bank<\/b>\u00a0(SVB<\/b>) was a\u00a0commercial bank<\/a>\u00a0headquartered in\u00a0Santa Clara, California<\/a><\/strong>. SVB was on the\u00a0list of largest banks in the United States<\/a>\u00a0and was the biggest bank in\u00a0Silicon Valley<\/a>\u00a0based on local deposits, with a 25.9% market share as of June 30, 2016.[2]<\/a><\/sup>\u00a0It was a\u00a0subsidiary<\/a>\u00a0of SVB Financial Group, a\u00a0bank holding company<\/a>.[3]<\/a><\/sup> \u00a0On March 10, 2023, after a\u00a0bank run<\/a>\u00a0on its deposits, it suffered from\u00a0bank failure<\/a>\u00a0and was taken over by the\u00a0Federal Deposit Insurance Corporation<\/a>\u00a0in the\u00a0second largest bank failure<\/a>\u00a0in American financial history.<\/strong><\/span>[4]<\/a><\/sup>“[1]<\/em><\/p>\n

\n<\/blockquote>\n

The excerpt above was taken from the Wikipedia page for Silicon Valley Bank (SVB) today, Friday, March 10, 2023.\u00a0 It’s quite surreal that the first sentence refers to SVB as a commercial bank that was<\/strong> headquartered in Santa Clara, California as of yesterday, but not today.\u00a0 And that it has been taken over by the FDIC after an historic bank run.<\/h3>\n

What many folks still fail to understand is that all of the financial markets across the United States have been artificially inflated to create HUGE bubbles in each of them.\u00a0 Because of the inter-connectivity between and among all of them, they actually have formed the largest multiple market-wide bubble in history, which was all financially engineered with highly purposeful design.<\/p>\n

The same NYC financial engineers and London banksters who manufactured these unparalleled bubbles then proceeded to ever so slowly deflate the massive mega-bubble via a slow-motion and meticulously controlled demolition.\u00a0 In this way all of the interpenetrating bubbles have been quietly shrinking … … … until now.<\/p>\n

The stark reality is that the United States has been in the throes of the Great Recession of 2009 since the stock market crash of 2008.\u00a0 That’s right, it never ended.\u00a0 And the Covid era greatly exacerbated the state of economic depression and financial breakdown as evidenced by the dramatic loss of purchasing power of the US dollar.<\/p>\n

Silicon Valley Bank<\/h3>\n

Anyone working anywhere near Silicon Valley has known for some time that the entire IT industry has been undergoing the Dotcom Crash 2.0.\u00a0 The bankster-owned mainstream media, however, has been expertly covering up this bigger crash than the one that occurred in 2000.<\/p>\n

However, today, Silicon Valley Bank, one of the largest banks in the USA, just had it’s Lehman moment as explained in the excerpt above.<\/p>\n

It should be noted that the Head of Financial Risk Management for Silicon Valley Bank was Jay Ersapah.<\/p>\n

\"\"

SOURCE: https:\/\/www.svb.com\/globalassets\/library\/uploadedfiles\/diversity-equity-and-inclusion-at-svb_august-2022.pdf<\/a><\/p><\/div>\n

It’s also important to note that Ms. Ersapah, a self-described “queer person of color”<\/strong><\/em>\u00a0 was more concerned about “spreading awareness of her queer lived experiences”<\/strong><\/em> than performing the essential risk management of the Silicon Valley Bank, now the largest bank failure in California history.<\/p>\n

How, pray tell, does the second largest bank failure in U.S. history take place with nary a warning by the corporate media?!<\/strong><\/em><\/p>\n

\n

\u201cWorst Since Lehman\u201d: Banks Break The World Again<\/strong><\/a><\/h2>\n
\n

How, pray tell, does an LGBT cheerleader and professionally immature coed from London get hired as the Head of Financial Risk Management for the biggest bank in Silicon Valley? <\/strong><\/em><\/p>\n

\"\"

SOURCE: https:\/\/rocketreach.co\/jay-ersapah-email_19038517<\/a><\/p><\/div>\n

\n

To be continued —<\/h3>\n
\n

SOTN Editor’s Note:<\/strong> Our readership knows that we fully expect a HUGE earthquake to take place this year in California. (See THE BIG ONE<\/strong><\/span><\/a>). However, this “Silicon Valley BANKquake” has the potential to do much more damage across the planet than anything produced by the San Andreas and Hayward Faults.\u00a0 The far-reaching financial and economic repercussions from a domino effect triggered by this BANKquake go way beyond what Lehman caused on September 15 of 2008.\u00a0 The point being that this may very well be THE BIG ONE<\/strong> we’ve all been waiting for, so take heed.<\/p>\n

\n

State of the Nation<\/a>
\nMarch 10, 2023<\/p>\n

Source<\/p>\n

[1] Silicon Valley Bank<\/a><\/p>\n

\n

\"\"<\/p>\n

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