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The conspiracy theorist in me thinks: given the bullshit layoffs and other fabricated trends such as consistent news stories about a tech crash and a big recess
by _8j50 4y ago
The conspiracy theorist in me thinks: given the bullshit layoffs and other fabricated trends such as consistent news stories about a tech crash and a big recession around the corner and given the history,ideology and portfolio of Mr. Thiel and other "bad actors" that precipitsted SVB's collapse, this all maybe part of an attempt to crash the tech sector of the US and blame it for a recession which will allow a re-alignment of power and influence both politically and financially (including things like tech salaries but also at a much bigger scale). In other words, this looks too much like a controlled explosion by a few powerful people in reaction to covid-bailouts and 2020/2022 elections in the US.
Ask yourself who stands to benefit? Mr. Thiel and pals would surely benefit by giving their politicians ammo before elections next year and if they hedge their investments right their wealth will be minimally affected in a tech/US centric recession