OVERSEAS NETWORK, MARCH 12TH - ACCORDING TO FOX NEWS ON THE 11TH, BERNARD MARKUS, CO-FOUNDER OF THE WELL-KNOWN AMERICAN HOME GOODS CHAIN BRAND "HOME DEPOT" AND RUSSIAN BILLIONAIRE, RECENTLY TALKED ABOUT THE "DEVASTATING COLLAPSE" OF SILICON VALLEY BANK ON A PROGRAM OF THE MEDIA. HE ISSUED A STRONG WARNING TO THE AMERICAN PEOPLE THAT AN ECONOMIC RECESSION MAY HAVE ARRIVED, BUT THE US GOVERNMENT HAS BEEN SLOW TO RESPOND.ON FOX NEWS, MARCUS URGED AMERICANS TO WAKE UP AND UNDERSTAND THAT THE US ECONOMY IS IN A DIFFICULT PERIOD. "I CAN'T WAIT FOR THE US GOVERNMENT TO TALK ABOUT HOW GOOD THE ECONOMY IS AND HOW IT IS GOING FORWARD. EVERYTHING THE US GOVERNMENT SAYS IS NOT TRUE, AND THE AMERICAN PEOPLE WILL FINALLY WAKE UP AND UNDERSTAND THAT OUR LIFE IS IN A DIFFICULT PERIOD. IN FACT, THE ECONOMIC RECESSION MAY HAVE BEGUN, AND NOW THE SITUATION SEEMS VERY BAD."MARCUS FEELS SORRY FOR THE PEOPLE WHO SUFFERED LOSSES IN THE BANKRUPTCY OF SILICON VALLEY BANK. SADLY, SO MANY PEOPLE HAVE LOST THEIR MONEY AND CAN NEVER GET IT BACK, "MARCUS BELIEVES. THE BANKRUPTCY OF SILICON VALLEY BANK WAS DUE TO THE US GOVERNMENT'S AGGRESSIVE INTEREST RATE HIKES MULTIPLE TIMES IN RESPONSE TO HIGH INFLATION, FOCUSING ONLY ON PROMOTING POLICIES AND NEGLECTING THE PROTECTION OF SHAREHOLDERS AND CORPORATE EMPLOYEES. MARCUS ISSUED A STERN WARNING TO CONSUMERS, STATING THAT THE INFLATION PROBLEM IN THE UNITED STATES HAS BEEN DEVELOPING IN THE WRONG DIRECTION, AND THE US GOVERNMENT HAS BEEN SLOW TO RESPOND TO THE VARIOUS PROBLEMS THAT PLAGUE THE PUBLIC. PEOPLE CANNOT AFFORD TO PAY THEIR BILLS AND STRUGGLE IN THEIR LIVES. WE HAVE A GOVERNMENT THAT IS SLOW TO RESPOND TO THIS AND ONLY TALKS EMPTY TALKON MARCH 10TH LOCAL TIME, SILICON VALLEY BANK IN THE UNITED STATES WAS CLOSED BY FINANCIAL REGULATORY AUTHORITIES DUE TO INSOLVENCY. IT IS A ***** BANK THAT HAS GONE BANKRUPT IN THE UNITED STATES SINCE THE 2008 FINANCIAL CRISIS AND HAS PARTNERSHIPS WITH ABOUT HALF OF LOCAL TECHNOLOGY STARTUPS. THE FINANCIAL TIMES PUBLISHED AN ARTICLE ON THE 11TH STATING THAT THE BANKRUPTCY OF SILICON VALLEY BANK MEANS THAT SILICON VALLEY'S STARTUP TECHNOLOGY COMPANIES ARE FACING A "CATASTROPHIC DISASTER".