The Biden gang has announced that they aren’t going to bail out every bank like they did with Silicon Valley Bank (SVB), only the banks they like.
Last week the Biden gang bailed out SVB. We reported on the connections between SVB and China’s venture capital business. SVB was the bridge for Chinese venture capitalists to get to US dollars.
When Biden bailed out SVB depositors in full, he bailed out China’s venture capitalists. Some of these entities backed China’s aerospace and defense ventures.