that the chaos at SVB started on Wednesday and by Thursday, customers attempted to withdraw $42 billion in deposits via wire transfers.
In a note sent to Bitcoin.com News, Susannah Streeter, the head of money and markets at Hargreaves Lansdown, said the SVB U.K. arm was bound to fail.
The big bodies like federalreserve RBI WorldBank bankofengland Etc. are key responsible for fall of economy growth & banks.This is the worst economist analysis. The Bank of Japan has not increased interest rates. This is great, but the rest are in race to raise the rates.
So… $USDR just took a decent deposit thanks to SVB… What’s the client list like at SVB… all typical Sovereign status for the new GRC?… More banks to “fail” which just means moving money into USDR.
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