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Wednesday, March 15, 2023

ALT-RIGHT-LINKED GAY BILLIONAIRE THIEL SPARKED RUN ON SVB BANK


Evidence is emerging that the run on SVB (Silicon Valley Bank) was largely artificial, and almost certainly sparked by the actions of one man, Peter Thiel, a suspicious tech billionaire with links to Russia, Russia-shill Elon Musk, and shady members of the Alt-Right.

Essentially Thiel, who is gay and married to another man, waited until SVB started selling bond assets at a loss to back withdrawals and then piled on, withdrawing all the funds he was connected to, while also spreading the panic around the tightly-knit tech community who had their money SVB. Once they started pulling out their deposits, this forced the bank to sell even more bond assets at a loss. 


If this was anyone else, it would just be an unfortunate bit of financial panic, leading to a predictable government bail-out, but Thiel is a highly suspicious individual with long-running business ties to the Kremlin.

But what has he been up to more recently? In the 2022 midterms he was also a heavy backer of anti-intervention candidates in the GOP, like JD Vance and Blake Masters, pushing the "just let Russia get on with it" agenda with regard to Ukraine:

The lion’s share of his largesse – $28m and counting – has been directed towards two business proteges who, with his help, have established themselves as gadfly rightwing darlings: JD Vance, the best-selling author of the blue-collar memoir Hillbilly Elegy, who is running for Senate in Ohio, and Blake Masters, a self-styled “anti-progressive” and anti-globalist who is running for Senate in Arizona.

Yes, this whole bank run looks more suspicious the more you look at it, and is possibly part of a Fifth Columnist attack on the West.

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