Why the Collapse of SVB, Silvergate, and Signature Bank are a Good Thing

And why this is NOT the beginning of a collapse of the real banks

If you want to understand why SVB and Silvergate collapsed, and why the even-bigger Signature Bank was seized by the feds over the weekend, check out this interview with the legendary short-seller Marc Cohodes, who correctly called the failures of FTX, SVB, Silvergate, and Signature.

Marc investigated these banks, and concluded they were all part of a massive, global money-laundering scheme, and he detailed those allegations to US federal regulators and the Justice Department months ago.

These were not ‘bank failures’, and had nothing to do with rising intererst rates and losses on bonds, as the press is hoping you’ll believe. According to Cohodes, Silvergate, SVB and Signature are basically organized-crime fronts that were intimately partnered with the fraudulent FTX crypto exchange and its founder, Epstein-affiliated Sam Bankman-Fraud.

The collapse of these money-laundering fronts has no effect on the real banks, and their collapse is a good thing. The fact that the US government is bailing out the depositors is just a clue that the political class are largely a part of this global criminal enterprise, and they’re taking care of their own, at the expense of everyone else.