The new structure of our world.
The new structure of a life is based on ideology. The Silicon Valley Bank is actually a new version of an ideological structure - not a bank. SVB did not collapse, last weekend, because the US Treasury bailed them out with a $US 22 Billion gift. The US Treasury was empowered to this because its new ideological mantra is "print more money and distribute it to equity cause". The SVB was all about the equity cause not the task of competent borrowing and lending.
Ideology structures are basically bubbles. These ideological bubbles are closed systems that only recognised positive feedback loops. SVB lent money to Silicon Valley start-ups and other risk full entities. But they had a "neat feedback loop" because all the employees and associates of these businesses had to bank with SVB. These loops feed entropy and eventually the whole structure will collapse - as did the USSR, East Germany, etc at the beginning of the 1990's.
If the US continues to build new ideological structures with closed loop feedback flows then that nation will eventually implode. If you live inside the US you have a major challenge to evade or avoid this new ideological structure - good luck with that mission. For some there is a partial answer on my website if you take my course on minimalism.
I see the SVB as a giant "go fund me slosh fund". It was a fund that people gave to willingly until it collapsed last weekend. The US government is another version of a "go fund me slosh fund" but it does not collapse because it has soldiers, guns, tanks, aircraft, etc. The US government can send over $US 100 Billion to Zelensky to fund his regime without accounting for any of it. Shades of SVB... And so it goes.
Richard
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