MAR 16. Silicon Valley Bubbles end?

3 min readMar 17

The First Republic Bank in San Francisco would receive $30 billion from big banks, such as Chase and Wells Fargo for survival. Without this support, another local banks could collapse again.

A surprising fact was that 70% of deposits were not insured in the First Republic Bank and that was not uncommon practices these days in the local banking world in USA.


Trying every day, engraving what we’ve been through