12 March, 06:28
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If “their” plan is to have all the (relatively) smaller banks (which they don’t control) fail such that the big four (they control) buy them out - makes it easier to force their CBDC program on everyone...then, WH have less work to do in taking the big four down. Like corraling all the rats into a corner...easier to catch.
I think at the moment, we are seeing the banking equivalent of a pump fake as well. The last few days have forced many banks and companies to reveal themselves and their financial positions.
Also woke up a lot of company leadership who suddenly couldn’t make payroll on Friday because, while they didn’t bank with SVB, their payroll processor did (outsourced because the consultants tell them to (“it’ll save money”) rather than hire the staff to do it internally). That freaked out a lot of them who had no idea (mega liable now) and has them in a panic to keep their company afloat in the next few weeks and stave off inevitable lawsuits.
This was a big reveal and fa
I think at the moment, we are seeing the banking equivalent of a pump fake as well. The last few days have forced many banks and companies to reveal themselves and their financial positions.
Also woke up a lot of company leadership who suddenly couldn’t make payroll on Friday because, while they didn’t bank with SVB, their payroll processor did (outsourced because the consultants tell them to (“it’ll save money”) rather than hire the staff to do it internally). That freaked out a lot of them who had no idea (mega liable now) and has them in a panic to keep their company afloat in the next few weeks and stave off inevitable lawsuits.
This was a big reveal and fa
10:37 PM - Mar 12, 2023
(E)
In response Kim Runner to her Publication
Only people mentioned by TaoOfSmoo in this post can reply
Tao Of Smoo
@TaoOfSmoo
12 March, 10:40
In response Tao Of Smoo to her Publication
...Fast way to wake a lot of people up.
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