Tech Freak-Geeks Brought Us the Dot-Com Bust and Now the Silicon Valley Bank Bust
Millionaires at Silicon Valley Bank get bailed out because they're important
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The federal government recently announced that it will save the millionaires and billionaires who had more than the FDIC-insured $250,000 in the now-busted Silicon Valley Bank.
Isn’t that nice? The government who made these depositors rich in the first place by flooding the economy with cheap money and no interest rates, are here to save the day again!
Many of these clients were no doubt the masterminds behind the forced COVID-19 lockdowns and banned anyone who questioned their orders.
Google, YouTube, Twitter, and Facebook shut down the COVID-19 debate and forced everyone to stay home.
And what happened?
These freaks got richer than they ever dreamed.
Americans, now trapped inside, spent all day buying products on Amazon, using Zoom, taking classes online — all while these little freaks, who are used to locking down inside their bedrooms to jerk off, got richer than in their wildest dreams.
These geeks promoted the government propaganda and forced economies across the globe to close down, putting hundreds of millions out of work and destroying millions of privately owned businesses.
But now, the Fed has been raising interest rates and it turns out those future potential earnings are worth way less worth less than previously thought.
Again, the more the Fed tapers and the higher interest rates go, the deeper overvalued stocks will fall… especially the ones that have been propped up high but keep losing money.
On 7 December 2021, The Trends Journal reported: “When the COVID War was launched last year there was an unprecedented spike in stocks of businesses that benefited from the lockdowns… with tech stocks and riskier issues leading the charge.
Now, with many aspects of the COVID War in place, or slowing down, these hi-flyers are losing favor as investors batten down their portfolios against higher interest rates.
When people were locked down at home, share prices for home exercise tech company Peloton rocketed up more than 400 percent; Zoom’s price rose nearly that much.
Pinterest shares gained 250 percent and Snap’s stock price tripled.
Where are these stocks now?
Gerald Celente said: “The tech geeks gave us the Dot Com Bust, and they gave us the Silicon Valley Bank Bust, too.”
“Look how low this country has gone when you have these little fucking geeks with pairs of balls smaller than a fucking mothball telling you what to do,” Celente said.
Celente said the collapse of Silicon Valley Bank and Signature Bank is the beginning of a “huge crisis.”
As we had forecast, as the COVID War broke out, the economy should have collapsed and equities market along with it,” he said. “The only thing that artificially propped them up was the trillions of dollars sent into the economy by [President Donald] Trump and [President Joe] Biden…and the Feds bringing interest rates down to zero. That was it….’Stay home, here’s some money, shut up, stay home.’”
Businesses that would have gone under, like airlines, got billions from the government to stay afloat, which were essentially bribes and payoffs by politicians for future campaign donations.
He said the COVID-19 lockdowns go back to Silicon Valley Bank, which was a major bank for the tech industry in Silicon Valley. Celente said it was the geeks who enforced lockdowns and banned free thought on social media. He said SVB’s failure is just a “tiny piece” of the overblown markets.
“Read your Trends Journal,” he said. “For three years, we warned about a commercial office building bust because of the slime ball geek freaks” who kept their workers home.
“All these big buildings with their variable-rate loans, as interest rates go up — you’ve got fewer tenants and you can’t pay your bill…What are these Banksters going to do? Yeah, yeah…They’re going to be failing on their loans.”
“You haven’t seen anything yet,” he said. “The worst is yet to come.”