Are we seeing the revitalization of conservative civilization, all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning.

I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising.

Every day, as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present, in light of even better things to come.

This is Turley Talks.

Hey gang, it's me, Dr. Steve, back in the office from a wonderful week in the Caribbean with our Turley Talks team.

I want to give a huge shout out to Royal Caribbean and their new Wonder the Sea ship. It's absolutely amazing.

It's one of the largest of not the largest cruise ship sailing the oceans today, and it really lived up to its name.

It was an absolute wonder, and a huge shout out to the crew there for giving the Turley Talks team an amazing week of pure paradise.

But alas, I've returned from a week of paradise to a literal woke perdition. That's right. Silicon Valley Bank is yet the latest victim of one of the undeniable laws of the universe.

Go woke, go broke. We're going to find out exactly what happened, and we're going to see precisely why going woke is actually becoming a legal liability.

That's right, going woke means possibly going to the pokey, which means that the collapse of SVB evidence is nothing less than the collapse of wokeness itself.

You were not going to want to miss this.

On Friday, financial regulators announced that they had officially shut down Silicon Valley Bank and took control of its deposit.

And what represented nothing less than the single largest US bank failure since the GFC, the global financial crisis back in 2008.

Silicon Valley Bank was up until Friday, one of the world's leading financial institutions for technology and innovation companies, both here in the United States and globally, and its collapse was the second largest bank failure in history.

According to CNBC, the company's downward spiral began late Wednesday of last week, when officials from the bank shocked investors with news that the bank was suffering from a $2 billion shortfall.

Now, keep that number in mind, because it's going to come back in this video.

So they needed $2 billion to shore up their balance sheet.

And what then followed was a massive run on the bank with customers withdrawing a staggering $42 billion deposits by the end of Thursday.

So in a manner of merely 24 hours, Silicon Valley Bank went from being one of the most well capitalized institutions on the planet to basically broke with investors and depositors uncertain whether they'll ever see their money again.

Bloomberg is reporting that 93% of SVB's deposits are uninsured.

After I see only covers up to $250,000, their companies like Roku that have hundreds of millions of dollars of deposits that they may never see again.

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