I don't blame Chinese investors. I should have made that clearer.

This is what I believe happened. Chinese investors starting pulling their money out of SVB in the winter of 2022 for a variety of reasons. 1) because the CCP needed more dollars in its banks to protect its financial interests 2) wealthy Chinese individuals worried about the money getting sanctioned if China invaded Taiwan and 3) basic recession fears.

Last month, people like Peter Thiel heard about the withdrawals and understood it would force the bank to sell long-dated bonds, which is where the media picks up the story. Yet, if Chinese depositors didn't pull their money out would the bank have failed? That's a question that isn't publicly asked.

If so, again, I don't blame the Chinese. I blame the government for not reacting when the prediction about it, in summer of 2022, were made.

Further, I believe capital flight might be a bigger problems in the U.S. then acknowledged. Again, one hand writes these stories and the other ignores them ;)

Thanks for comment, will put some of this in story!