Ep. 769 – Nah, Silicon Valley Bank SHOULD NOT Be Bailed Out. Hell no!

As the executives of Silicon Valley Bank privately rushed to give themselves their annual bonuses and sell their stock in the company, the general public had NO IDEA the bank was about to crash.

It’s one of the largest single banks to crash in American history. And in some ways Silicon Valley Bank not only knew it was going to happen, they helped cause it by alerting their biggest investors, who in turn told of their friends to take all of their money out of the bank as soon as they could – which caused it to literally collapse overnight.

Now, the same people that refuse to bail out Americans that need student loan debt relief or universal healthcare are saying the federal government should bail out this bank.

HELL NO!

Let me unpack and explain it.

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Love and appreciate you all.

Shaun

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