de
anonB
de1733643ea6055dfe18b159ed7c828b90b8e7276f572d3c7669d45d05ec46ff
Bitcoiner
Where did all the money go?
Just look at oil company profits (ie Aramco).
Redistributed to underproductive parts of global economy.
Welcome!
Great Inflation
Great Recession
Next up: Great Consolidation?
Flight from small and mid sized banks to larger “safer” institutions?
SVP & Silvergate collapse -> USDC insolvent -> Run on USDC -> Fund Withdrawal from other partner banks -> Run on other banks -> more bank collapses
At Risk:
-Bank of New York Mellon
-Citizens Trust Bank
-Customers Bank
-New York Community Bank (a division of Flagstar Bank, N.A.),
-Signature Bank
-Silicon Valley Bank (Insolvent)
-Silvergate Bank (Insolvent)
Seared
