They had funds but thiel took out 16 billion which isnt a small sum. Idk they had no business serving a client like that at a regional level. He played the system of regional banks and how they create a competitive market to big banks. Not saying i care just they shouldve weighed their position more on taking him on as a client.
Have you seen the new Coffeezilla video? That’s where I’m getting most of my information.
https://youtu.be/oHjDCC6Vigc
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Yeha banks buying government bonds to get more credit from the get more credit from government isnt a good mechanic either this is also part of the problem. Fucking headaches lol ill check out the video
