Democrats Desperately Rush To Try To Blame Trump For Silicon Valley Bank Collapse

[JohnDB]

SVB is in CA which the Democrats are turning into East Germany.
They're completely woke in their business dealings and their hiring practices.
It's no small wonder that people don't trust them.

It's not just CA banks in trouble. In Brentwood NY there's one in process there too....people standing in line in the rain trying to get their money out.

These are investment banks....
These aren't like First American or other retail banks. This is where investors deposit cash to invest into small companies to draw upon. The small companies usually have a good idea and business model or else they don't get the money or the investors.

This is like shark tank on steroids.

A lot of these companies are bought up by big companies eventually. And the investors make a huge profit and everyone goes home happy. About 60-80% fail....but that last 20-40% pay off so well that it evens out....however there's a chance that you can hit two winners and increase the earnings very high.

SVB is just one of several banks caught up by buying too much commercial paper from the Fed when it was issuing 2% T-Bills. From these the banks can loan money for cheap.

When rates rose these banks were caught holding too many of these t-bills and can't dump them.

 

[mudwhistle]

 

[mudwhistle]

It's not just CA banks in trouble. In Brentwood NY there's one in process there too....people standing in line in the rain trying to get their money out.

These are investment banks....
These aren't like First American or other retail banks. This is where investors deposit cash to invest into small companies to draw upon. The small companies usually have a good idea and business model or else they don't get the money or the investors.

This is like shark tank on steroids.

A lot of these companies are bought up by big companies eventually. And the investors make a huge profit and everyone goes home happy. About 60-80% fail....but that last 20-40% pay off so well that it evens out....however there's a chance that you can hit two winners and increase the earnings very high.

SVB is just one of several banks caught up by buying too much commercial paper from the Fed when it was issuing 2% T-Bills. From these the banks can loan money for cheap.

When rates rose these banks were caught holding too many of these t-bills and can't dump them.

Tell me something I don't know.

 

[postman]

Tell me something I don't know.

That Trump lost in 2020?

 

[mudwhistle]

That Trump lost in 2020?

So that's why America is going to Hell in a big hurry.
Thanks.

 

[Marener]

Who crashed the economy? Trump? Are you talking about COVID(from a lab in China) that caused a worldwide financial collapse? The US economy was humming along quite well prior to that, which may be exactly the reason COVID just happened to escape.

Biden‘s economy was only doing ok because we were coming out of a lockdown. This policies are not starting to kick in and you will see shortly just how bad his damaging his policies really are. Had Trump been re-elected, the ecomomy would have soared, but I don’t expect Democrats that wouldn’t know a mutual fund from a pinto bean to understand.

GDP growth last quarter was 2.7%, which is perfectly on par with Trump’s economy.

Unemployment is also 3.6%, which is also perfectly on par with Trump’s economy.

What happened to the supposed recession conservatives told us we were in?

 

[Toddsterpatriot]

GDP growth last quarter was 2.7%, which is perfectly on par with Trump’s economy.

Unemployment is also 3.6%, which is also perfectly on par with Trump’s economy.

What happened to the supposed recession conservatives told us we were in?

What was inflation last quarter?

 

[JohnDB]

FRC was trading at $122 on Friday....

Currently is trading for $28 this morning.

That's gotta hurt somebody's feelings.

 

[Marener]

What was inflation last quarter?

It’s not reported on a quarterly basis so I’d have to calculate it. Whatever it is, it’s not high enough to slow GDP growth or hiring.

 

[pyetro]

"1st, the collapse had "nothing to do with Trump or Dodd-Frank" and more to do with an "unusual confluence of events."

"The bank "dealt almost exclusively with tech firms which usually rely on continuously rolling over large debts" which means that the firms are "not paying off their debt but simply taking out new debt to pay off the old."

"2nd, SVB put a disproportionate amount of its cash into long-term bonds. Ordinarily, that’s not a bad strategy, but it’s unwise when interest rates are zero because those rates must rise eventually.

When rates rise, bond prices fall. This is because an investor with the choice to buy an existing bond at a low rate or a new bond at a high rate will choose the new bond since it’s a better return on investment.

If you want to sell the old bond with its lower interest rate, you must be willing to sell it at a discount; otherwise, no one will buy it."

"SVB's undiversified clientele meant "too many depositors needed cash all at once" forcing the liquidation of bonds that had lost value and a "death spiral" quickly ensued."

To highly efucated,intelligent people,this clearly spells out the fact that the BI-PARTISAN law Trump signed into law had NOTHING to do with the Silicon Valley Bank's collapse.


Democrats, however, are desperate to avoid being blamed for the second-largest bank collapse in United States history.

Liberals blame Trump for Silicon Valley Bank collapse citing 2018 bipartisan bill

Liberals took to social media to place blame on former President Trump after FDIC regulators shut down Silicon Valley Bank on Friday after it lost $2 billion.

www.foxbusiness.com

The OP wants to disappear the 2018 law that deregulated banks in the size of Silicon valley bank, because most Republicans voted for it and Trump signed it into law.

 

[Ralph Norton]

What happened to the supposed recession conservatives told us we were in?

What happened to the "transitory" inflation Democrats said it would be?

 

[Marener]

What happened to the "transitory" inflation Democrats said it would be?

Dems admitted they were wrong about inflation being transitory.

When did conservatives admit they were wrong about a recession? Seems they just pretend they never said it. Repression is not a healthy defense mechanism.

 

[Billy_Bob]

The WOKE Signature Bank that just collapsed this am was the same bank that cancled Donald Trumps accounts... Trump said thank you for letting him get out before they collapsed...

Biden administration faces bipartisan criticism as regulators rush to stave off banking crisis

New York based Signature Bank taken over by regulators as government vows to protect account holders at Silicon Valley Bank.

justthenews.com

 

[Billy_Bob]

What happened to the "transitory" inflation Democrats said it would be?

Weare traversing right into a great depression....

 

[easyt65]

The OP wants to disappear the 2018 law that deregulated banks in the size of Silicon valley bank, because most Republicans voted for it and Trump signed it into law.

No one wants to 'disappear' tbe 2018 law.

Economists are pointing out that it (nor Trump) had nothing to do with the SVB collapse.

You seem to be having a hard time grasping this fact.

 

[pyetro]

No one wants to 'disappear' tbe 2018 law.

Economists are pointing out that it (nor Trump) had nothing to do with the SVB collapse.

You seem to be having a hard time grasping this fact.

No one wants to 'disappear' tbe 2018 law.

Economists are pointing out that it (nor Trump) had nothing to do with the SVB collapse.

You seem to be having a hard time grasping this fact.

Which economist? The My Pillow guy? If you're confident about the credibility of your mystery economists, you would have named them.

 

[struth]

"1st, the collapse had "nothing to do with Trump or Dodd-Frank" and more to do with an "unusual confluence of events."

"The bank "dealt almost exclusively with tech firms which usually rely on continuously rolling over large debts" which means that the firms are "not paying off their debt but simply taking out new debt to pay off the old."

"2nd, SVB put a disproportionate amount of its cash into long-term bonds. Ordinarily, that’s not a bad strategy, but it’s unwise when interest rates are zero because those rates must rise eventually.

When rates rise, bond prices fall. This is because an investor with the choice to buy an existing bond at a low rate or a new bond at a high rate will choose the new bond since it’s a better return on investment.

If you want to sell the old bond with its lower interest rate, you must be willing to sell it at a discount; otherwise, no one will buy it."

"SVB's undiversified clientele meant "too many depositors needed cash all at once" forcing the liquidation of bonds that had lost value and a "death spiral" quickly ensued."

To highly efucated,intelligent people,this clearly spells out the fact that the BI-PARTISAN law Trump signed into law had NOTHING to do with the Silicon Valley Bank's collapse.


Democrats, however, are desperate to avoid being blamed for the second-largest bank collapse in United States history.

Liberals blame Trump for Silicon Valley Bank collapse citing 2018 bipartisan bill

Liberals took to social media to place blame on former President Trump after FDIC regulators shut down Silicon Valley Bank on Friday after it lost $2 billion.

www.foxbusiness.com

welcome to xiden’s america…banks fail,l

 

[struth]

GDP growth last quarter was 2.7%, which is perfectly on par with Trump’s economy.

Unemployment is also 3.6%, which is also perfectly on par with Trump’s economy.

What happened to the supposed recession conservatives told us we were in?

banks didn’t fail under trump…that’s a uniquely xiden thing

 

[struth]

Which economist? The My Pillow guy? If you're confident about the credibility of your mystery economists, you would have named them.

anyone that read the law and knows what happened to this bank knows it’s not the laws fault. It’s xiden’s america that caused this

 

[easyt65]

Which economist? The My Pillow guy?

Thank you for proving you NEVER opened / read any of the articles about leading US ecomomists pointing these facts out, that you are an ignorant lazy f* who is content in your ignorance, and prefer to pull childish 'comebacks' out of your ass in response to facts rather than be educated.