Silicon Valley Falls: Cracks Spread Across the United States’ Economy

The ripple effects of the tech bank’s failure is rapidly spreading across America’s industries. The fall of the Silicon Valley Bank (SVB) is a classic example of falling from grace to grass as the banking giant experienced a failure on Friday, March 10, 2023. It was the demise of an institution that had supported several […]

How SVB Aided Chinese Communist Party in Its Tech Invasion

The March 10 collapse of the Silicon Valley Bank (SVB) sent shockwaves throughout the American economic system, causing stock prices to plummet. The pain, felt throughout the rest of the world, was noticeable in China, where SVB has devoted a considerable amount of resources to fuel China’s technology growth for several decades. Across the Pacific, […]

Silicon Valley Bank Crisis: America’s Biggest Bank Failure Since 2008 Financial Crisis

In the largest bank failure since the 2008 financial crisis, the California Department of Financial Protection and Innovation shut down the Silicon Valley Bank and took control of its customer deposits of roughly $175 billion on Saturday, March 11. Following the collapse, the bank was put under the control of the US Federal Deposit Insurance […]

Financial Crisis Knocks Banking Giants Out Cold

Two of the United States’ biggest banks, each propping up a critical part of the economy, have fallen to the decline of the financial system. Silvergate, the cryptocurrency capital of the nation and The Silicon Valley Bank (SIVB), the bank for tech startups and investors are the victims of the most recent crisis. This has […]