First Republic Bank loses 1/3 of value day after $30 billion bailout

Yesterday they closed at 34 and change. Today they close under 23. Looks like maybe that $30b injection wasn’t enough. Now what? There’s a bunch of stuff going on in the world at large that does not bode well for the US dollar. The main thing being other countries have noticed Americans can’t be trusted. Just this century the USA has outright stolen billions from Syria, Libya, Venezuela, Afghanistan, and Russia. In every case there is the usual bullshit about values and fighting tyranny etc, but the Global South and even middle powers are acutely aware that Uncle Sam isn’t a reliable partner because he can turn on you anythime. Just ask Noreiga or Saddam. Another thing the “ROW” (rest of the world outside the USA dominated 25% of the planet) is noticing is that the supposed “mightiest military in history” is mighty reluctant to engage Russia head-on. Why might that be? Spoiler alert; I don’t think it’s because our values would prevent us from shocking and aweing Russia off the map if the USA and the NATO flunkies thought they had even a remote chance of pulling that off. They don’t.