if you took the vax and also woke up today thinking there was going to be a run on all American banks please go right back to Reddit and never return

Silicon Valley Bank should have simply been allowed to fail, and at any rate the government negotiated a shit deal. The government negotiators went in with an objective of not sticking taxpayers with a bill and nothing else. BETA! They let some broke gamblers sit across the table and walk all over them bluffing all-in with nothing.

There are two very important things when evaluating a deal in finance: COST and RISK. The banks are all eating a tax to cover the COST of the SVB blowup, but the continual RISK which lead to it is now being absorbed by the taxpayer. Taxpayers are now absorbing $25 billion in risk from banks to prevent another SVB and getting nothing in return.

Meanwhile the broke frauds who shilled the meme of widespread bank runs on Twitter like David Sacks, Jason Calacanis, and various Peter Thiel associated tools are congratulating themselves and patting each other on the bank like they saved America, when they just saved each others asses and offloaded a lot of risk onto America.

The American economy benefits nothing either. 95% of the companies "saved" here won't even exist in 18 months by design because their investors will pull the plug on funding them so all of those jobs will disappear and the workers will be recycled into something else regardless. A majority of the upside of the 5% who make it through will be absorbed by founder stock in tax free retirement accounts so also contributing nothing to the economy.

At minimum, government negotiators had a wonderful opportunity to play hardball and passed it over because they're paid off. The government should have sat down with all the VCs with SVB accounts and said we'll backstop the deposits for the portfolio companies but to backstop the accounts for the VC funds we need to take 1% of inflows and 10% of profits for the next 10 years. VCs traditionally charge 2% on inflows and 20% on profits as their business model. Force them to take a 50% paycut on their current and future funds for the next decade and put the tax towards jobs creating infrastructure projects outside of Silicon Valley.

Or, allow them to decline the 50% cut, but their account gets dropped to the $250k limit. See how many take it.

A major run up to the SVB failure is that you had the self-titled most brilliant investors in the valley all going around telling everyone and telling their companies to keep their money with SVB.

Reputational value and reputational risk is a real thing as well and essentially the taxpayer has also freely restored this for everyone who encouraged people to put billions of dollars in a failing bank. Even giving some the opportunity to paint themselves as heroes.

Chairmanbros....
https://t.me/PIkanewchannel/3476

His devoted followers are just paying the price 💉💉💉

And that blob's name? Laura Loomer.

"I remember getting a call from the bank manager telling me they were not sure they would be able to contain the losses. And I said you know, there's been such a tremendous loss of money, maybe the smartest thing to do is pull it. So we made the decision to pull and we watched the bank collapse."

The secret third thing is to get the CIA to prop up the crude oil market with false flags, which is what they'll do.

Revelation of the method.

https://www.foxbusiness.com/economy/buffalo-wild-wings-admits-boneless-wings-not-wings-after-lawsuit-its-true

False flag incoming:
https://www.wsj.com/livecoverage/stock-market-news-today-03-14-2023-cpi-report-inflation-svb/card/crude-oil-drops-to-lowest-price-of-the-year-jy2ctl2d7lhMejLrfRRh

Going to be on the Nationalist Enquirer livestream tonight at 5:30 PST/7:30 Central!

Talking about (((banks))) and why you're now on the hook for $25 billion in risky bets by gay bankers.

https://t.me/TheParanormiesPresent/15601

chatGPT-4's test scores
kek, brainlet

23,000,000 Americans are capable of scoring higher on the reading & writing SAT than chatGPT and Microsoft paid $10 billion for this. I smell curry.

2 more weeks to reanimate Fetterstein.

Another offensive element of the Silicon Valley Bank bailout is that it is an insult to true gamblers, like Masayoshi Son, the CEO of Japanese finance giant SoftBank.

Masa Son holds the distinction of losing more money than anyone in history, losing ~$60 billion during the 2000 dot com bubble. He's been described by mainstream sources as "a degenerate gambler", "an expert at losing money" and "the worst investor of all time."

Despite nearly every bet Masa Son has made since 1981 being a losing bet, he also made a $20 million investment in Alibaba which turned into $130 billion. Enough to cover 40 years of losses plus a lot more.

Masa is a true legend of SV, someone willing to experience failure after embarrassing failure in search of that one titanic win.

Why should Masayoshi have to continually slam his head into a brick wall and stomach crazy losses in order to come away with a win, when others can just get a free refill on their bank account when they lose? Rigged game.

Had fun doing this episode of The Nationalist Enquirer with @chupacabra_kennel and @TheParanormiesPresent!

https://t.me/TheParanormiesPresent/15624

In Minecraft?

Study shows Minecraft players average over one standard deviation of intelligence higher than the general population:
https://www.mnialive.com/articles/revealed-new-study-reveals-the-worlds-smartest-gamers

Bold choice by HBO to cast Eric Striker as Ellie in The Last of Us.