US bank bailout benefited billionaires, exposing corruption: ‘I understand why Americans are angry’
Before it collapsed and its billionaire depositors were bailed out by the US government, Silicon Valley Bank successfully lobbied Congress to remove regulations on it. A senator admitted, “I understand why Americans are angry, even disgusted”.
Sources and more information here:
US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs:
Why 3 US banks collapsed in 1 week: Economist Michael Hudson explains:
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