Silicon Valley bank and the economy crashing

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  • #2172743
    Sam Klein
    Participant

    Every tragedy has a wake up call message directly from Hashem that your not going to find in any sefer in the world or read in any newspaper from a Gadol Hador or speaker saying about the tragedy. And neither is the message from me an internet writer and businessman. The only honest answer is that it comes directly from Hashem above.

    SHOCKING MESSAGES DIRECTLY FROM HASHEM RELATING TO TODAY’S ECONOMY CRASHING C”V

    1)In the Torah in the Parsha of Shemitta & Yovel, Hashem Guarantees & promises anyone that if they keep these Halachos they will always be taken care of. (either by getting double in the Sixth year or even having extra) Where is Shemitta & Yovel TODAY in the Diaspora? Where can we find this when outside of Israel is not even responsible for these Halachos? The answer is Hashem promises anyone that if he runs his business with %100 honesty (coming to work on time & not even a minute late, never using your office time to check your personal needs or the news on the computer, paying your employees on time etc…) he is guaranteed to always have money & never have the need to struggle to make ends meet. This is where we are holding today, for those of us that have been-& still are- honest, from before the economy started going downhill in the beginning of the century. They are the people that are guaranteed to make it through the economy-even- when it crashes.

    2)Why is the economy so bad today? Why is the whole world going down? For the past thousands of years there was always Avoda zara in the world-from the molech to the baal to the asheira tree etc…-todays avoda zara is MONEY, we are a servant to money, we serve money, we bow down to money, we let money talk & rule us. Thus we leave Hashem no choice but to take it away from us Rachmana L’tzlan. But you can still save yourself from going down. if a person can use his money the right way & remember that it all comes from Hashem & it was just loaned to him (even though he worked for it), then he is the perfect person to continue holding Hashem’s money.

    3)Becoming a Baal Betuchen & Emuna (Faith & trust) is no simple matter. A person can’t just say, let me have faith in hashem, it is a long & Difficult journey. Becoming a person of Betuchen & Emuna in Hashem is an average of a 30 year journey minimum. (not from when your born, but from when the journey starts) Do you know what these 30 years are? Only the first 10 percent of the journey is learning every mussar sefer in the world, the other 90 percent of the journey is passing every single Nisayon (test) with Ahava (love) etc… , from accidents to robberies to deaths Chas V’Shalom etc… A true person of Faith knows the mishna in pirkei Avos that says the good & bad is all for the good every minute of the day , 24-7. Every Nisayon that a person gets from Hashem & passes, brings him closer & closer to Hashem & every test that a person experiences gets harder & harder, but a person can never ask Hashem why something bad is happening, because we all know that if a person was not able to pass a test then Hashem would never give it to him. Nothing in the world will effect a person of Bitachon, no matter what happens, cause he knows that everything Hashem does is for the good. Do you know what the reward for being a person of Faith & trust is? The reward is worth more then all the money in the world, the reward is the gift of Happiness, you get to be the happiest person in the world cause nothing in the world will effect you. Now can you tell me a better reward then that?.

    There are many other shocking wake up call messages directly from Hashem relating to this topic of the economy market crashing C”V and we should not be in need of these wake up calls from Hashem. If you want more shocking messages DIRECTLY FROM HASHEM on this topic just reply to send more cause these shocking messages above were already sent back in 2008 when the economy market crashed.

    May we all wake up and accept Hashems wake up call for serious Teshuva and Achdus together ASAP so Hashem can send Mashiach already bkarov

    #2172844
    anonymous Jew
    Participant

    Sam Klein, it’s people like you who are prime sources of antisemitism. In your view, every tragedy in the world is our fault. Covid killed millions, but to the Sam Kliens of the world, it was our fault. Somehow the failure of of a bank was not due to poor decisions and practices, but our fault. We’re the Turkish earthquakes also our fault?

    #2172855
    jackk
    Participant

    Regarding #1, “Hashem promises anyone etc…”
    There is no such promise. Do not speak for Hashem or make things up.

    Re#2, Your words are taken out of thin air.
    You are not a Navi . You do not know why things happen, nor how to rectify them. Every Yid can make their own cheshbon hanefedh and increase their Torah and Mitzvos.

    The economy is not bad. One bank tanked.

    Yidden do not bow down to money. But we all realize the need for parnassa which allows us to support our families and communities.

    Re: 3, True emunah and bitachon is hard, but does not take 30 years .

    It takes constant daily repetition and living with Hashem and Tefillah.

    Hashem has many ways to wake up Yidden. We pray that he always does it by giving us extra good , so that we experience tremendous gratitude to Him that leads to closeness and love of Him.

    #2172909
    jackk
    Participant

    The bank tanked because after being flush with billions extra in cash, it made a terrible decision to buy securities and bonds that lose value when interest rates go up.
    They lost that bet because the economy needed to raise interest rates due to inflation. They rolled the dice with investors money and lost it all.

    #2172912
    AviraDeArah
    Participant

    The part about punishments only coming to the world because of yisroel is in Yevamos 63a. And it includes earthquakes anywhere in the world. When the Mississippi river flooded, the chofetz chaim said it was meant for us(in Europe) to learn mussar.

    #2172915
    Amil Zola
    Participant

    I don’t think this bank collapse is contagious. It was a niche bank catering to venture capitalists and the wealthy tech workers of silicon valley.

    #2172940
    jackk
    Participant

    SK

    Is your real name Yehudah or Shalom or Sam?
    You copy/pasted from this site directly to another one with a video of Ira Zlotowitz under multiple names .

    #2172958
    jackk
    Participant

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    NEWS: Sanders Statement on Silicon Valley Bank
    March 12, 2023
    BURLINGTON, Vt., March 12 – Sen. Bernie Sanders (I-Vt.) on Sunday issued the following statement on Silicon Valley Bank:

    “Let’s be clear. The failure of Silicon Valley Bank is a direct result of an absurd 2018 bank deregulation bill signed by Donald Trump that I strongly opposed. Five years ago, the Republican Director of the Congressional Budget Office released a report finding that this legislation would ‘increase the likelihood that a large financial firm with assets of between $100 billion and $250 billion would fail.’

    “Unfortunately, that is precisely what happened. During the debate over the legislation I said: ‘Are our memories so short that we learned nothing from the 2008 Wall Street crash? Have we learned nothing from the Savings and Loan disaster of the early 1990s or the thievery of Wells Fargo over the last couple of years or the dishonesty of Equifax or the accounting fraud at Enron and Arthur Anderson or the failure of Long-Term Capital Management or the billions of dollars in fines that financial institution after financial institution has paid out for illegal or deceptive activities?’ Sadly, the Republican Congress and the Trump Administration answered all of these questions with a resounding NO.

    “Now is not the time for U.S. taxpayers to bail out Silicon Valley Bank. If there is a bailout of Silicon Valley Bank, it must be 100 percent financed by Wall Street and large financial institutions. We cannot continue down the road of more socialism for the rich and rugged individualism for everyone else. Let us have the courage to stand up to Wall Street, repeal the disastrous 2018 bank deregulation law, break up too big to fail banks and address the needs of working families, not the risky bets of vulture capitalists.”

    #2172964
    Lostspark
    Participant

    Let it fall, who cares the majority of us aren’t going to become rich anyway no matter how much effort we put in.

    #2173205
    akuperma
    Participant

    The bank failed since the Federal Reserve raised interest rates to discourage inflation, which was caused by the decision of the Congresses to spend money without raising taxes (or to be more precise, a view of all Congressmen not to cut funding for programs they favor, and not raises taxes on their supporters, which ends up as a bipartisan consensus to do nothing other than make rude noises when they should be cutting spending and/or raising taxes).

    It is highly unlikely that inflation will rise to the level that Israel had in the late 20th century, or Germany during the Weimar Republic period. A crash requires unemployment, and the shortage of workers as current exists (due to low fertility since the mid-20th century among secular Americans) limits the growth of unemployment.

    The goyim do have an inclination to assume that the “sky is falling” and we should not let their delusions influence us.

    #2173257
    Historian
    Participant

    Sam Klein. We should adhere Rabbi S Alter who said after LagBaOmer tragefy. Each and everyone has to do soul searching by himself, at himself. Individually. Please stop being MEKATREG on innocent Jewry.

    #2173313
    Gadolhadorah
    Participant

    “Let IT fall, who cares the majority of us aren’t going to become rich anyway no matter how much effort we put in..
    Kspark: Let what fall?? Not sure what you are saying (and maybe you don’t either). Interest rates need to rise to restrict demand growth. If you mean banks should “fall”, thats equally harmful to ALL of us, rich or poor, since it could result in losing some or all of savings for millions of Americans. And also, speak for yourself, since for most of us, there is a direct correlation between effort and success. If you are saying you are an exception, than make that clear.

    #2173375

    > there is a direct correlation between effort and success.

    It says in Gemora Megila that this is only true in Torah learning. In parnosa, one needs both an effort and some mazal.

    #2173470
    Sam Klein
    Participant

    When The corruption Madoff Ponzi Scheme happened the famous line going around the world was:
    “IF YOU WANT TO INVEST, DON’T INVEST IN MADOFF, MADOFF GOT MAD AND FELL OFF, IF YOU WANT TO INVEST THEN INVEST IN CHARITY IT’S AN ETERNAL INVESTMENT THAT CAN’T GO BAD, YOU KNOW YOUR STOCKS WENT UP AND DON’T HAVE TO CALL WALL STREET EVERY DAY”

    What’s a person’s money worth after they leave this temporary physical world? It’s not even worth counterfeit or monopoly money, it’s completely worthless. What do you think the niftars children will buy a Sefer Torah in the zechus of the Neshama?

    #2221119
    Sam Klein
    Participant

    Anonymous Jew and Jack

    Sounds like you both never heard of the famous Jewish saying of “Ain poranius baolam ela bishvil yisroel” which means there are no tragedies that hit the world-anywhere worldwide even with no Yidden involved in the tragedy-that is not on account and due to the cause of something that happened to klal yisroel that made Hashem make this horrific tragedy happen.

    Like the earthquake a few months ago that hit Turkey and Syria and inside of Israel they even felt the shaking tremor of the earthquake but boruch Hashem not even a single person in Israel was killed or even injured. Do you think that’s completely coincidence?

    THE SHOCKING MESSAGE DIRECTLY FROM HASHEM RELATING TO THE EARTHQUAKE HIT IN TURKEY AND SYRIA

    (Every tragedy has a wake up call message directly from Hashem that you’re not going to find in any sefer in the world or read in any newspaper from a Gadol Hador or speaker saying about the tragedy. Neither is it from me a internet writer businessman)

    On February 6 2023 Turkey and Syria we’re both hit with a major Earthquake followed by another earthquake shortly after causing the deaths of over 35,000 lives and hundreds of thousands of injured with their homes destroyed and jobs lost etc…. There’s a famous fact and truth when it comes to things happening throughout our lives. It’s called “There’s no such a thing as coincidence” and the truth of the matter is that it’s really so true cause actually it’s all as we say it “everything that happens is Ka-incidence” which Ka in Hebrew is actually Hashem’s name and in Hebrew means that everything that happens throughout our life-from our every second of breathing to major horrific tragedies Chas V’shalom-is actually a act coming directly from Hashem who runs the entire world. Cause actually the shocking date this earthquake happened on February 6 2023 is actually 2-6 which when you put it together you get Hashem’s name and when you put the year together of 2023 you get Directly from Hashem the Shocking 2 chapters in Tehillim referring to tragedies which is Chapter 20 & 23 which many of us say daily in davening Shachris. So we need to all start opening up our eyes and openly realize that every tiny thing happening anywhere in the world is actually a decree coming directly from Hashem and everything is actually a direct Ka-incidence.

    #2221192
    commonsaychel
    Participant

    @sam, why this compelling need to dig up old posts?

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