Silicon Valley Bank and 6 Others Going Belly Up
Biden and Co messing up economy so bad that it hurts. The sad part is that the very people who voted for him are suffering the worst. Wasn’t Trump better that during his time, almost all Silicon Valley companies grew multiple times in value and revenues? His tax cuts benefited Valley businesses and workers alike. Thoughts? Yoe: 20 TC: 7 figures
Oh this app is getting pathetic.. Russian bots, or just entitled rich tech bros? I can’t tell anymore
Anyone I don't like must be Russian or racist
Which 6 others? How do you know?
Bank stocks halted last week: First Republic Bank Silicon Valley Bank Western Alliance Bancorporation Signature Bank PacWest Bancorp This is a critical moment for banking and the entire economy
Lmao none of the others have gone “belly up” - trading halts on stocks all the time, it doesn’t mean you go out of business.. Stop spreading fake news, you’re the bigger threat to this country than anything in the banking industry right now
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OP is slowly discovering how deregulation can speed up business and then make it go bust
Op don’t understand the lag effect between deregulation and bust, so just blame it on the current president
It has nothing to do with deregulation. Banks are probably the most regulated entities. Its about the stupid financial policies which are anti-business and anti-worker.
Elections have consequences
Yeah, this is what happens when the president dismantles Dodd-Frank
No, nice try though
It’s not his fault. It’s the dumbasses at SVB who didn’t understand how bonds work. And trump actually deregulated checks on banks like svb. Get your facts straight.
I'm sure the bank know how bonds worked. Lol. The Fed gave forward guidance on rate hikes, then it rugged everyone when it jacked up the rates.
Well, that's only true depending on what you mean by black and white.
Whatever is paid more to the feds is dwarfed by tax increases by the state governments. Thinking of CA and WA here.
Just a blind supporter trying to get votes. When did the inflation start and when did the Currency printing increase started.
Trump left presidency at 1.54% inflation. Get your facts right bruh and don’t be salty.
This shows whom you are supporting. Made it clear. Both of them made mistakes. They are not saints. Trump supports corporates with tax breaks and Biden taxes the corporates and rich people more. They have their agenda. This inflation was caused by the pandemic and this recession is supposed to be a controlled one to reduce the inflation. Go and check all prior recessions. You would notice similar patter
It's cool if you just want the republicans to win but to think trump was anything but a shit stain on American history is delusional.
You gotta look beyond what he said and focus on results. Don’t be fooled by smooth talking Dems. And I am not a Republican per se, but it pains me to see the stupidity of Dems and the damage they are causing.
I’m always curious why republicans refuse to admit they’re republicans lmao. You’re clearly right wing - own it. If you voted for trump, you didn’t just vote for deregulation and lower taxes, but all of his baggage and, yes, the garbage he spewed all over twitter at 3am
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This should be an option in the poll. Together with ‘I’m the OP and I’m an idiot with a keyboard’
If someone is coming and wrecking your home, the least you should do is to condemn him. Thats what Biden is doing to Silicon Valley. And you have audacity to call me an idiot. You really need to stand in front of mirror and think about your life bruh!