Dear friends,

The Collapse of SVB (Silicon Valley Bank) was due to FED QT

And as FED raise interest rates further we will see more Banks crashing. And contagion will spread.

In July 2 1997 the Thai bath exchange was suspended as it crashed. Then contagion spread to Malaysia, Indonesia, Korea & others

Leading to a collapse 

It was due to Foreign Funds fleeing the Asian Markets Plus Very High USA dollar denominated debt which they were unable to service

Foreign Funds & Local companies took on US debts as the interest rate in Asia was then at double digits & in USA interest rate was cheap

Never in their wildest imagination that their currencies crashed by up to 50% to 70% against the US dollar

Many became insolvent & gone bankrupt

Never in the minds of SVB bankers and others their cheap bond bought at 1.6% yield spiraled to over 4.2% in such a short time

Now let Calvin illustrates the reason why

In Asia there was actually no miracle in the 1993s stock market boom or economic boom, according to Paul Krugman

It was these floods of foreign monies that pushed them up

And the "subsequent withdrawal" of liquidity caused a Huge Collapse

Same goes for the US Dow, Nasdaq & S&P

The markets went up all due to money PRINTING

FED INCREASED DEBT FROM USD6 TRILLIONS TO USD31 TRILLIONS

https://www.usdebtclock.org/

THIS TIDAL WAVE OF MONIES FLOWED INTO THE BANKS AS :FREE MONIES" INFLATING ALL ASSET CLASSES LIKE STOCKS, BONDS, PROPERTIES, COLLECTIBLES, ARTS & EVERYTHING UNDER THE SUN

"THIS ARTIFICIAL PROSPERITY" ONLY HAPPENED TO THOSE RICH PEOPLE AND THOSE WHO OWN ASSETS

BUT NOT THE COMMON MAN ON THE STREET WHO EARNED "FIXED INCOME" LIKE PENSIONERS (SEE IN FRANCE PENSIONERS PROTESTING) IN UK ALL TEACHERS, GOVT WORKERS, SOCIAL WORKERS, FIREMAN, SOLDIERS, CLEANERS * ALL ON "FIXED INCOME" ARE ALL SUFFERING HIGH INFLATION AND NOW PROTESTING

AS SUCH THE DANGER OF REVOLUTION

THE FRENCH REVOLUTION

THE ARAB SPRING REVOLUTION

AND COMING SOON WIILL BE WORLD WIDE UNREST

THUS FED HAS TO RAISE INTEREST RATE AND NOW IMPLEMENT QT (QUATITATIVE TIGHTENING)

OR IN OTHER WORDS

"SUCK BACK MONIES FROM THE SYSTEM" TO CAUSE A FALL IN PRICES

THIS WILL BE PAINFUL FOR THE RICH & ASSET HOLDERS

BUT IT WILL NOT STOP THERE

IT WILL BE LIKE A DOMINO THAT HIT EVERY ONE!!

THE MEDICINE WILL BE BITTER

BUT POWELL SEES IT AS THE CURE

IS IT TOO LATE?

NO ONE KNOWS

NOW LOOK THESE TWO SCENES

1) ASSETS RISING ARE JUST LIKE AN INCOMING TIDE ON THE SHORE

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WHEN TIDE COMES IN ALL SHIPS, BOATS & VESSELS ARE LIFTED UP

CONVERSELY, WHEN TIDE GOES OUT ALL ARE LEFT HIGH AND DRY

OR TORRENTIOUS RAIN FILLING A RESERVOIR

THEN NO RAIN BUT A VERY HOT SUN THAT EVAPORATES ALL MOISTURE AWAY LEADING TO STARVATION AND DEATH

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THEIR OWNERS DO NOT HAVE ENOUGH ACCESS TO WATER

SO FED REMOVING LIQUIDITY FROM MARKET WILL CAUSE THE "DEATH" OF COMPANIES IF THEY DON'T HAVE "CASH RESERVE" OR ASSETS THAT CAN BE SOLD FOR CASH (LIQUIDITY)

IN THIS CONTEXT NOW IS NOT THE TIME TO GO INTO BUSINESS EXPANSION UNLESS YOU HAVE A "STORE OF RESERVE CASH"

LIKE A RESERVIOR FULL OF STORED WATER

NOW CALVIN HOPE ALL WILL TAKE HEED

AND KEEP VERY VERY VERY SAFE

With Kind Regards

Calvin Tan