Were The Brakes Slammed On? Did The Brakes Trip?
Has the vehicle come to a screeching halt? Can we see the smoke and the flames?
There are clear signals for all onlookers to see. If people would only choose to look, they would see what is beginning to develop.
There has been a major bank failure, a Silicon Valley bank has failed; SVB has been taken over by US regulators. They claim they had to step in to protect people’s money.
Customers got wind of this failure, or should we say impending failure, and withdrew their money. The bank began to fail because of it, so the US regulators had to jump in to support the banking sector as a whole.
When Lehman brothers failed in 2008, the world economies were thrown into disarray; even the US federal government went into panic mode. Hank Paulson, the then serving Treasury Secretary, was having panic attacks; some claim they saw him blowing into a paper bag to try and steady his nerves. That has not been verified, but it is not too much of a reach to envisage such a thing happening.
Officials for the US regulators, claim they had to step in to protect insured depositors; where was the market discovery in all this?
When a bank fails, especially one with a high profile, The Silicon Valley Bank, the markets react, panic sets in, and the world stock markets take flight.
Did we once again witness the brakes slammed on, the markets taken off-line.
Did they slam on the brakes to prevent a free-fall from happening; the world is already in a precarious position, world economies are already in dire straits?
There is no real market discovery anymore, this goes to prove it.
Is anybody’s money, or representation of money, safe in any bank or financial institution?
There is massive market manipulation; how manipulated do you think you are?
