Donald Trump Claims He Will Be Arrested On Tuesday, Calls For Protest
Former US President Donald Trump appears to be fearing arrest again. The former President this morning went on yet another rant this morning, suggesting that he will be arrested in a Manhattan District Attorney case on Tuesday. The rant was posted to Trump’s Truth Social social media platform earlier this morning, in a two part […]
Banksplaining: The Dive Draws About How Money Works (and doesn’t) Part 1: Reserve Ratios
This is the first in a series of the posts about the banking system as examined through the collapse of Silicon Valley Bank, and its unfolding effect on the broader economy. Silicon Valley the place, and Silicon Valley the socio-economic bubble are funny enough that someone made a pretty good comedy about it called Silicon […]
Not Bats, But Raccoons Could’ve Started The COVID-19 Pandemic – Experts
An international team of virus experts announced on Thursday that they had discovered genetic data from a market in Wuhan, China, linking the coronavirus to raccoon dogs for sale there, adding evidence to the case that the worst pandemic in a century could have been sparked by an infected animal traded illegally in the wildlife […]
US Bailout of SVB Will Include Chinese Communist Party-Linked Depositors
The federal effort to make depositors of the collapsed Silicon Valley Bank whole will include deposits from businesses linked to the Chinese Communist Party (CCP), Treasury Secretary Janet Yellen confirmed at a Congressional hearing on Thursday. Senator James Lankford, a Republican from Oklahoma, raised concerns over the American banking system taking on the responsibility for […]
Carlyle Commodities: Early Results At The Newton Project — With Morgan Good
Joining us today on the Daily Dive is Morgan Good, CEO of Carlyle Commodities Corp (CSE: CCC). Morgan sits down with us today to disucss precious metals and the impact of current macro events. We then transition to Carlyle, where we discuss the exploration strategy, major project comparables, and recent drill results from the project. […]
San Francisco Bay Area to Ban Natural Gas Heating Appliances by 2027
The Bay Area Air Quality Management District Board of Directors (BAAQMD) on Wednesday approved new regulations that will gradually phase out nitrogen oxide (NOx) emissions from natural gas furnaces and water heaters in the Bay Area. According to the Air District, natural gas building appliances are one of the largest emitters of nitrogen oxides of […]
New CEO Says There’s ‘No Single Safer Place’ for Deposits Than in the New SVB
Silicon Valley Bank has been reopened as Silicon Valley Bridge Bank after being taken over by the Federal Deposit Insurance Corporation (FDIC) last Friday to protect its depositors. To take the reins of the new ‘bridge bank,’ the FDIC has appointed Tim Mayopoulos as the interim CEO. A bridge bank, according to Investopedia, is an […]
Meet Kevin, YouTubers Sued For Promoting FTX In Exchange For “Multimillion Dollar Bribes”
A class action lawsuit was filed by clients of the failed crypto exchange FTX against a slew of YouTube content creators including Meet Kevin for playing “a major role in the FTX disaster.” Kevin Paffrath, who runs the Youtube channel Meet Kevin, is named as a defendant alongside Graham Stephan, Andrei Jikh, Jaspreet Singh of […]
Donald Trump Gets His YouTube Channel Back
YouTube on Tuesday said it has restored former president Donald Trump’s channel, after suspending it over two years ago following the January 6 Capitol Hill riots. “Starting today, the Donald J. Trump channel is no longer restricted and can upload new content,” YouTube said in a tweet. “We carefully evaluated the continued risk of real-world […]
SVB Financial Group Officially Files for Bankruptcy
SVB Financial (NASDAQ: SIVB), the parent company behind the infamous Silicon Valley Bank that failed last week and was subsequently handed over to the Federal Deposit Insurance Corporation, is officially filing for bankruptcy. In a notice filed in the Southern District of New York, SVB Financial made a voluntary petition for a Chapter 11 bankruptcy, […]