When China was still new to venture capital in the late 1990s, SVB was among the first financial institutions to start serving the country’s startups, while traditional, risk-averse banks avoided them. Over time, the bank has become a popular option for China-based startups fundraising in USD as well as some China-focused USD venture capital firms.
Way back in 1992 I knew China was bad news..... When G Bush got them into the WTO. From then we started to strip our industrial base and send it to them
One big critic was Michael Crichton. He put this in his novels. Crichton also blasted the Global Warming movement.... Look how climate change fakers are now able to suck trillion dollars or so out of Federales for their hare brained schemes. Via the Inflation Reduction Act
Puts me mind of of CA public pension funds.
Also heavily invested with the ChiComs.
Wonder if that’s got anything to do with the bailout...
So it becomes clear. Brandon’s handlers aren’t worried about the US financial system. They’re worried about the CCP and a potential financial collapse/depression there. No surprise.