Professor Toto - Explains Silicon Valley Bank collapse

* [Music] thank you [Music] foreign [Music] [Music] Valley Bank * silvergate capital and Signature Bank all have in common they're all broke because they were all woke and now they're all out of business three major Banks that is gone done and one of them was so woke Signature Bank that that is the bank that shut down president Trump's bank account not long ago shut down his bank account that's how woke they are and now they're broke so I was sitting in my office and you know I I just got to thinking maybe some of you don't understand how what shut these Banks down and maybe you'd like a better * understanding of the financial theory behind all of this so I thought I would jump on here tonight it's not my normal night to do a class that would be tomorrow night at 8 central but this is an important subject especially in light of the fact that foreign before the Congress last week whenever whatever her name was was sitting there begging for them to lift the debt ceiling here's a member of the Biden Administration that tells the Congress if they do not print more money that the United States of America is officially broke and that there would be * economic catastrophe throughout the nation they they admit they they just said it they said the the quiet part out loud we are broke if we don't print more money we're broke so I want to explain it all to you that to try to help you understand how this happened so that you can maybe put you know all the pieces together uh in your mind and um sort of help you so you can explain it to maybe family members or even your children the United States experienced the second largest bank collapse collapse in its history in the past 300 years * in our history this is the second largest bank collapse in our history on Friday that would be three days ago as Silicon Valley Bank svb was taken over by the United States government shortly thereafter Signature Bank followed suit on Sunday so Friday and then Sunday and then Moore would follow and silvergate capital I believe was yesterday as well all kaput out of business gone now I want to explain what happened to Silicon Valley Bank I mean I need you to follow me because I got to get a little technical here so * you can understand how this happened and the reason I'm doing this tonight is because I'm listening to a bunch of um ignoramuses that want to blame this on President Trump and his administration and that's the most ignorant thing I've ever heard I'm gonna show you I'm going to explain to you what happened to svb svb is a unique bank it's not like your little Neighborhood Bank you know I I bank here at a local credit union svb is what we would call uh uh uh a niche bank it's it's got its own little niche in Silicon Valley San Francisco where all * the Liberals live we're all the woke people of the world reside and they all use Silicon Valley Bank also all of the cryptocurrencies coinbase um uh data byte all of these crypto currencies love Silicon Valley Bank it is the more woke Bank out there and I'll explain how woke it is in just a minute so when you have Silicon Valley you have money you have new technology startup companies and they would all go to svb to do their banking well anytime you have let's just say Tesla or any uh thing that's related to high tech that's making deposits those * deposits especially on new startups are going to be very large so svb is getting these huge deposits from these Silicon Valley startups that have lots of cash on hand so they bring all that cash deposited into svb and then svb cannot just hold that money because they're going to be expected to pay a return on that money right I mean even in your checking accounts you get a little return so SVP cannot hold all this cash it's got to loan that money out charge interest so that it can pay interest on all of this money * well here's the problem they couldn't loan out as much money as they were taking in which presents a problem for any Bank so what do they do what's the solution real simple they went and they bought safe Investments safe the safest of all Investments which is U.S treasury bonds so they take all of this excess cash thinking that they would have this money for the long term so they go get a long-term investment like U. * S treasury bonds but here's the problem here's where it all started to fall apart it's something that I've been teaching about for a long time now over at fhtv.tv which is my own server I did a class called Inflation Nation I taught you about inflation so the problem is when you're interest rates begin to rise because of inflation it pushes down the value of those U. * S treasury bonds that the SVP had put all of this money in so are you following me step one step two now we're at step three they bought these treasury bonds with cash that's not their own But Here Comes inflation because of Joe Obama because of the disease of liberalism High inflation does what to these treasury bonds it pushes down the value of these treasury bonds because they were issued when interest rates were low now thanks to Obama interest rates are through the roof so the value of those treasury bonds does not equal to what the amount of cash was put into * those treasury bonds so now svb has now they don't have a problem as long as they can keep that money in those treasury bonds long term which they thought they could do that so therefore it was a safe investment so what went wrong High U.S interest rates begin to slow down the U.S economy not under Trump under Obama I'm sorry Joe mama they're one and the same you understand one's white one's black and but they're one of the same anyway I won't go there tonight so here's what happened as the economy began to crash * and as Joe Obama's policies begin to come into play the startup companies that had put all their money in svb all of a sudden need that money to operate why the economy stupid isn't that what Bill Clinton said it's the economy stupid it all boils back down to that economy and when inflation is going through the roof these startup companies are now needing more money to keep up with that inflation so what do they do well they go to svb and take out their money to operate their businesses the problem is their money is no longer in the bank it * is in the U.S treasury bonds but that doesn't stop them from getting money out of the bank and now all of a sudden the bank is facing a crisis because all of the cash has been withdrawn by the initial depositors by law they have to give them what they asked for so now once they started withdrawing svb Silicon Valley Bank has to sell its treasury bonds at a what at a loss remember inflation is now up the value of the treasury bond is down but they've got to sell and liquidate immediately to try to get the money back in the bank that the initial * depositors have now withdrawn to keep up with inflation so now they sell it at a loss it was that loss that triggered the USDA it was that lost that triggered the FDIC and once that trigger happened all of a sudden all the rest of the depositors at svb got alarmed and they rushed out just like you and I would have done to get their money out of that bank because word got out that SVP had sold their treasury uh um bonds at a loss so when the word gets out what do we have a run on the bank now here's the deal the FDIC guarantees the first 250 000 of * your money is protected but my friend those depositors in Silicon Valley 250 000 is chump change to them they had billions of dollars that were lost overnight Now The Regulators flagged svb immediately and then they started taking all their money out of the bank now what happens is a run on the bank is contagious once one person starts running to the bank they call their friend say you better get everybody runs to the bank now here's what you may not know there are other small Banks not as big as svb but small Banks like First * Republic Bank they have seen their shares since then fall 75 percent in Arizona Western Alliance Bank is down 80 percent Pac West Bank has their value has fallen to half and it's seeing its share prices fall around a third now these banks are not that large but here's the deal one-third of all U. * S deposits are in small Banks so if these small banks are falling at that rate there's a ripple effect happening now Joe Biden promised to do whatever is needed to protect the banks and the U.S government has promised to protect the deposits but if their promises are as good as the way they run elections I don't have much confidence in those promises but I want to talk to you about what what caused this and what could have stopped it well if you go woke you go broke that's just the way it works SBB was a woke Bank woke I mean like real woke as a matter * of fact Republican Congressman James Comer who's a chairman of the house oversight committee said that svb is one of the most woke banks in America it's so woke that it has what's called a safe space catch-up where employers could share their coming out stories on the LGBT panels and boasted about its commitment to boost levels of homosexuals or racial minorities within senior staff it aimed to be carbon neutral by 2025 and promised five billion dollars in loans to climate change measures now let's talk about Signature Bank * Signature Bank another woke Bank they shut down Donald Trump's bank account not long ago that's how woke they are uh Home Depot's co-founder Bernie Marcus said it like this and I quote he said these banks are badly run because everybody's focused on diversity and all of the woke issues and not concentrating on the one thing that matters shareholder returns instead of protecting the shareholder and their employees they're more concerned about the social policies and it is a badly run Bank they've been there for a lot of years * it's pathetic he said that so many people lost money and they did billions and billions of dollars now when America's banks are in trouble it affects the whole world I'll give you an example credit Swiss group is a European Bank their shares today are at a record low down 15 percent a record low for credit Swiss group and now that's spreading fear throughout all of Europe about their economy now y'all remember FTX founder Sam bankman freed come on surely you remember him he showed us that you can get away with almost anything if you've got the * correct political leanings and this is exactly what's happening with our banking systems with our media they're all following wokeism so I wanted to give you this information tonight so that you could know when you're watching the news what really went down how it happened and what caused it all you know inflation is is a it's it's something and for many years now I have taken my money out of the banks all I leave in my bank account is enough to pay my bills all the rest of my money is sitting in gold and silver been doing that for * years I created a website to educate you about gold and silver it's called godsmoney.info God's money dot info why is it God's money because it was created by the hands of Yahweh himself gold and silver precious metals so I wanna I wanna say that gold and silver can never lose its value like a diamond can never lose its value because the value is inherent within the product so I really encourage you tonight things are changing in this nation quickly so quickly that nobody would have ever believed that SVP would be broke * don't be caught off guard protect your Investments your money your heritage protect it beat inflation before inflation beats you so very important now a lot of people I want to clear something up a lot of people love to throw the scripture out in the Book of Ezekiel that in the last days that they would throw their gold and silver and their money in the streets well that's not really what it says let me explain that is a prophecy not about the end time that was a prophecy about the destruction of Jerusalem in ad70 when * the temple was destroyed and what the prophet was saying in that verse was this when the wrath of Yahweh comes down your gold your silver your diamonds your pearls none of that will be able to buy you protection from the wrath of Yahweh but we're not there yet at the to the wrath of Yahweh that comes at the beginning of the millennial reign which is just a little ways off now so until that happens you need gold and silver and so I I hope that now you understand what happened at svb and I believe that this is going to have a tremendous * ripple effect so I wanted you to be educated tonight and know what you're talking about when people uh you know want to talk about things they really now Michelle ball it's godsmoney.info info so stay smart put your faith in the Lord now listen I hear you know a lot of people say well I'm just going to put my faith in the Lord well David put his faith in the Lord as well but he also picked up five smooth stones to go along with his faith the Bible said sit down and count the cost the father warns his people before * Trouble Comes what to do to be prepared he sent Joseph in Egypt to begin preparing for the Wrath that was to come so we can't just not do our part we can't just sit here and say well I'm trusting in the Lord because there was a man that did that one time in a flood and a man rode by on a boat and said sir hop in and that man said I'm trusting in the Lord 30 minutes later the water's coming up to the man's shed another boat rides by and says sir hop in he says oh I'm trusting in the Lord so the man drowned and went to heaven * and he said I'm so disappointed I was trusting in you and the Lord told him son I sent you two boats amen so let's not be so spiritual minded that we're no earthly good not preparing for the day of trouble as a matter of fact yahshua that's Jesus he said concerning the destruction of Jerusalem he told his people when you see these things begin to happen flee to the mountains and he told him exactly where to go to protect themselves so let's not be ignorant of our options to protect ourselves from what's going to happen to the world * all right and now you know the rest of the story good night everybody I'll see you tomorrow night do you watch my class it's every Tuesday night and Thursday night at 8 central Professor Toto comes and teaches you about the great Republic you can watch us live on uh fhtv.tv that's www. * f as in first H as in Harvest TV like a television fhtv.tv go subscribe right now and you'll get notified every time we go live of course we'll be live on Facebook as long as I'm not kicked off or something they like to kick me off every few days I was banned for life on YouTube but we did sneak back on there you can find us uh you gotta type in my name Shane Vaughn if you want to find us or if you want to find us on YouTube right there you can click right there on that little QR code and that'll get you to our new channel we used to have 200 000 * subscribers there now we lost them all so we're starting over again or you can also find us right there on Rumble that's exactly right or you can find us at fhtv.tv and for those of you that would like more information on gold and silver there's our QR code for that go research and then book an appointment with me and I'll be happy to help you me or one of my assistants so now you know what happened with svb so don't let the left-wing media Hoodwink you this is the truth because what I just told you is the only way to understand * how woke went broke I'll see you tomorrow night good night