Tag Archives: SVB

The Financial Crash of 2023

Posted on March 13, 2023 by Fec

90% of all Y Combinator capital ventures fail. Greensboro’s Boom Supersonic is emblematic of these Ponzi schemes. Record Bank Run Drained A Quarter, Or $42BN, Of SVB’s Deposits In Hours, Leaving It With Negative $1BN In Cash Funded by over … Continue reading →

Posted in Financial Disasters, Uncategorized | Tagged | Leave a comment