Monday, March 20, 2023

Silicon Valley Bank functioned as bridge between U.S. dollars and Chinese investments in aerospace and defense — no wonder Biden wanted all deposits bailed out

 Have you heard about how fake president Joe Biden's bailout of SVB, which the regime has chosen to call a "Backstop," is really more about saving the investment flow into communist China's sensitive aerospace and defense companies? China Joe basically saved the communist Chinese regime's most critical industries, which were using SVB as a bridge, so to speak, in the transfer of United States dollar capital investments into Chinese ventures.

When SVB collapsed, it initially triggered a wave of panic throughout China's tech startup and venture capital sector, which relied on the now-failed bank to funnel U.S. cash into Chinese ventures.

Without SVB, communist China's budding startup and tech sectors would not have been possible According to Tech Crunch, China is currently the second-largest venture capital market in the world.

SVB, we now know, was right in the middle of it all, facilitating China's ever-expanding economy.

"Over time, the bank has become a popular option for China-based startups fundraising in USD as well as some China-focused USD venture capital firms." So, when Biden announced to the world in his scripted speech this week that SVB's "Depositors" would be rescued, and not to worry, what he was really saying without actually saying it was that he is coming to the rescue of communist China and its economy - with American taxpayers footing the bill.

One wonders: whose side is Biden really on, that of the American people or that of communist China? "Joe is one of China's most valuable assets," one commenter wrote about the Pedophile-in-Chief.

"And America's greatest liability." "Imbecile Joe Biden is the best president China ever had!" wrote another.

https://www.naturalnews.com/2023-03-19-svb-bridge-us-dollars-chinese-investments-biden.html

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