SVB Bank Invested In WOKENESS Over RISK ASSESSMENT, Leftist Cult May Have Just DESTROYED The Economy (Tim Pool)

The woke companies will go first, but it's not just them. The US financial system is like a giant self licking ice cream that is divorced from reality and risk. They can ramp up any debt or leverage, and when interest rates rise they all end up in big trouble, after which the Fed bails them out. The directors keep making money for themselves no matter what happens. Poor people with loans simply become collateral damage. 

[Posted at the SpookyWeather2 blog, March 16, 2023.]