For 400 years, a flareup between any two states in Western Europe was liable to spark a much larger conflict. Similar parallel patterns existed in North & Southeast Europe, but the peculiar dynamics of statecraft meant that these theaters of war did not merge until fairly late.🧵
This region is known as the "coup belt" of Africa. A few things to think about....
- There is a vast abundance of resources including labor, oil, and mineral deposits.
- it's got the highest concentration of western bases on the continent with tiny Djibouti hosting an astounding SEVEN foreign nations.
- it cuts clear across the continent dividing the Northern Africans from the Sun Saharan Africans, a divide easily and often exploited.
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#UBS To Buy #CS For $2 Billion; SNB Offers $100B Liquidity, Authorities Force Bypass Shareholder Vote. So many questions: 1) does this include #DLJ brand or is that a carve out? 2) pre or post 2022 bonuses 3) The Saudis lost 45 % of their investment, instead of helping…lol!
UPDATE: First Republic Bank $FRC is on the brink. Employees are preparing for the worst.
SOURCE: “Nothing we can do now, we’re in this until problem is solved.”
“This will happen quickly.”
“Solutions? Backstopping deposits, major investor, receivership? It’s terrifying.”
@circle is currently protecting #USDC from a black swan failure in the U.S. banking system. @SVB_Financial is a critical bank in the U.S. economy and its failure - without a Federal rescue plan - will have broader implications for business, banking and entrepreneurs.
GM Questers! 👋
I participated in Kayak Quest by @spacekayak on @walldotapp. Got the amazing Cryptocity NFT and a chance to win $10 USDC.
Join me on the quest here 👇
https://t.co/kda02MNX21
#WALLLaunch#KayakQuest