"All tyrannies rule through fraud and force, but once the fraud is exposed they must rely exclusively on force... We are in a strange period of history in which a revolutionary has to be a patriot and a patriot has to be a revolutionary... One's got to change the system, or one changes nothing." ― George Orwell
You really don't understand how financial institutions work. SVB did not lose 200 billion. They have 200 billion in assets. Please understand the difference between losing money and being insolvent. SVB has a liquidity issue. They have more assets than obligations. I am an investor in SVB. While this is a bad situation please don't spread misinformation.
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"All tyrannies rule through fraud and force, but once the fraud is exposed they must rely exclusively on force... We are in a strange period of history in which a revolutionary has to be a patriot and a patriot has to be a revolutionary... One's got to change the system, or one changes nothing."
― George Orwell
You really don't understand how financial institutions work. SVB did not lose 200 billion. They have 200 billion in assets. Please understand the difference between losing money and being insolvent. SVB has a liquidity issue. They have more assets than obligations. I am an investor in SVB. While this is a bad situation please don't spread misinformation.