Here is an item that is not reported in the lame stream media regarding the collapsed Silicon Valley Bank. It seems that communist China was using the Silicon Valley Bank as a mechanism for the transfer of dollar investment flows into Chinese aerospace and defence industries. This bank was in short, not just the woke bank, but the communist Chinese bank. The bank engaged in pumping US money into Chinese tech companies. “It’s actually worse than we first thought,” reported The Gateway Pundit about the matter. “Biden’s bailout of SVB actually helped Sequoia Capitol China Advisors LTD. This entity invests in OrienSpace which is a developer of aerospace and defense initiatives for China.”
The Biden regime’s bailout of the Silicon Valley Bank thus saved the communist chinse industries who are working to provide the weapons of war to destroy us. Biden is not called Beijing Biden for nothing!