FRIDAY'S TOTAL IMPLOSION OF SILICON VALLEY BANK'S $200+ BILLION IN
DEPOSITS CREATED AN EXISTENTIAL THREAT TO THE CONfidence IN U.S.
BANKS. EITHER THE FED WOULD STEP IN OR TOTAL CHAOS WOULD
ENSUE ON MODAY MORNING. SO ON SUNDAY AFTERNOON THE FED &
U..S TREASURY ANNOUNCED THAT THEY WILL BACKSTOP ALL DEPOSITS
AT SVB *AND* SIGNATURE BANK IN NEW YORK (WHICH IS new NEWS). The
Fed's actions amount to a finger in the dam for a banking system and economy
which is now virtually guaranteed to suffer hyperinflation and total collapse in
coming months. Mark the date, Sunday March 12, 2023, the day the FED ignited
the spark which will ultimately bring down the entire house of cards.