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The banks are dying suddenly

 
StayCurious
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User ID: 84949434
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03/17/2023 09:52 PM
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The banks are dying suddenly
Does anyone else think this is another "subprime is contained" moment? Since banks are not issuing many loans on homes and cars, it would make sense that the problem is likely going to be domino effect.

And even worse, Blackrock is even saying that it's going to happen.

"Dow Drops Nearly 300 Points As BlackRock Chief Warns SVB Collapse Merely ‘First Domino To Drop"

[link to www.forbes.com (secure)]
Anonymous Coward
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03/17/2023 09:59 PM
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Re: The banks are dying suddenly
But biden says all is ok???
R(r)
User ID: 85272000
United States
03/17/2023 10:01 PM
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Re: The banks are dying suddenly
I think they are fully prepared to print....er...conjure up as many dollars as needed.


It would really simplfy things actually.


How much do you make? Infinity dollars an hour. Also infinity dollars a year.

How much is a loaf of bread? Infinity dollars.

Gallon of gas? Infinity dollars.


All we need is the infinity bill.

All debts? Infinity.

Piece of gum? Infinity.

See how easy that would be? Don't even need to make change. Ever.Again.
Revisionist

User ID: 85423271
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03/17/2023 10:03 PM
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Re: The banks are dying suddenly
This is the big one. Hold onto your butts.
Living the gospel of Christ is an action not a thought.
Vishnu
User ID: 78330898
Canada
03/17/2023 10:08 PM
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Re: The banks are dying suddenly
Mike Gill and Brendon O'Connell found 834 $Billion Drug proceeds being laundered in New Hampshire.

That is what is happening to the Banks!

NOBODY CARES
R(r)
User ID: 85272000
United States
03/17/2023 10:19 PM
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Re: The banks are dying suddenly
I think they are fully prepared to print....er...conjure up as many dollars as needed.


It would really simplfy things actually.


How much do you make? Infinity dollars an hour. Also infinity dollars a year.

How much is a loaf of bread? Infinity dollars.

Gallon of gas? Infinity dollars.


All we need is the infinity bill.

All debts? Infinity.

Piece of gum? Infinity.

See how easy that would be? Don't even need to make change. Ever.Again.
 Quoting: R(r) 85272000


Anyone care to comment on my system?
Anonymous Coward
User ID: 84166882
United States
03/17/2023 10:20 PM
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Re: The banks are dying suddenly
klaus schwab says in his great reset book they have to tear down the old system completely to implement the new one
JCLoIndigo

User ID: 82643006
United States
03/17/2023 10:22 PM

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Re: The banks are dying suddenly
The universal basic income is starting to become very likely.
R(r)
User ID: 85272000
United States
03/17/2023 10:25 PM
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Re: The banks are dying suddenly
The universal basic income is starting to become very likely.
 Quoting: JCLoIndigo





What do you suppose it'l be?

Infinity?
Anonymous Coward
User ID: 75935330
Netherlands
03/17/2023 10:25 PM
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Re: The banks are dying suddenly
I think 2.0,a finishing what was started
Anonymous Coward
User ID: 85188576
United States
03/17/2023 10:30 PM
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Re: The banks are dying suddenly
Does anyone else think this is another "subprime is contained" moment? Since banks are not issuing many loans on homes and cars, it would make sense that the problem is likely going to be domino effect.

And even worse, Blackrock is even saying that it's going to happen.

"Dow Drops Nearly 300 Points As BlackRock Chief Warns SVB Collapse Merely ‘First Domino To Drop"

[link to www.forbes.com (secure)]
 Quoting: StayCurious


They injected $30 billion in deposits into First Republic Bank and the Stock still fell 30 %. It's because they have lost the confidence of customers who hold over 250k in deposits. A bank run can happen anytime and within a day, the bank can be toast.
Anonymous Coward
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03/17/2023 10:45 PM
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Re: The banks are dying suddenly
Are stocks going to get bailed in? I bet they eliminate margin loans in the stock market before they print.
Anonymous Coward
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03/17/2023 10:58 PM
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Re: The banks are dying suddenly
About fucking time. Dont know why it took sooo long...
Vishnu
User ID: 78330898
Canada
03/17/2023 11:55 PM
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Re: The banks are dying suddenly
Au (Gold) Ag (Silver)

Aum SOUND

Ag - Agni, Ignition, FIRE

Sound + Fire + Rishisounder ...





GLP