To The Moon

$(TSM)$People think that $(TSM)$ will be the biggest casualty of Chinese taking back TaiwanPeople don't think about all the retailers, like Walmart $(WMT)$, who are dependent on China for cheap merchandise as casualties of the upcoming thing.

The 3 banks in trouble, its direct and indirect impact:• Silvergate and Signature were the two main banks for crypto companies, while Silicon Valley Bank had a lot of crypto startups and VCs as customers.• The failure of the crypto banking trifecta rippled into the stablecoin market over the weekend.• By Sunday night, when the feds stepped in to backstop deposits at Signature and SVB, cryptocurrencies were rallying and the stablecoins had regained their pegs.The Silicon Valley Bank collapse just clipped the Fed's ability to raise rates. This is not a credit event but a collapse in bond prices.The bank borrowed from depositors and bought the safest assets (on paper) such as government and mortgage bonds. The spike in rates and bond losses cratered its balance sheet triggering panic among de