Global Financial Crisis (27 Viewers)

[A͎u͎s͎h͎]

Does this mean USDC is fucked?

steady lads

 

Buy on AliExpress.com

[.zero]

throaters

 

[Bjerknes]

Current List of Companies With Silicon Valley Bank, $SIVB, Deposits:

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throaters

Imagine having 13M in a bank, being warned that the bank is going to fail, making a tweet of confidence, only for the bank to fail a day later and you lose everything. I’ll probably never have 13M to lose but sounds fun.

 

[Bjerknes]

This isn’t good…


But I’m not changing my mind. There’s too much faux wealth in this country. The Fed is right to tank it all. I see way too many moms driving their 70k pimped out Kia Tellurides on salaries of 40k for me to think we’ve hit a bottom. We need to see more 2011 Honda Odessey’s driving around for me to think we’re closer to a real economy. It shouldn’t cost 100k to build a pool that takes a week. Need unemployment above 10% again for the good of the country.

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An insider speculating that there will be bank runs on similar banks on Monday unless Yellen and Biden comes out to say deposits above the FDIC threshold are insured.

https://twitter.com/i/spaces/1OyKAVrMzADGb



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FRC next.

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Too late. Already started.

 

[AFL_ITALIA]

Yeah this is going to get ugly, you can feel it.

 

[GordoDeCentral]

Nah i don't think that enough people have over 100k for banking to collapse due to a bank run. Last thing these assholes in charge need to do is react the wrong way.

 

[ALC]

The average car payment for the last couple years has gone up to a grand. Hope it all crashes, ridiculous numbers

 

[Bjerknes]

Nah i don't think that enough people have over 100k for banking to collapse due to a bank run. Last thing these assholes in charge need to do is react the wrong way.

Probably not, but keep in mind there’s a shit ton of other companies and small businesses that have exposure that need to make payroll next week that aren’t backed by fdic

 

[GordoDeCentral]

Probably not, but keep in mind there’s a shit ton of other companies and small businesses that have exposure that need to make payroll next week that aren’t backed by fdic

Ok this is where i put my tinfoil hat on, maybe that's exactly what they want. What time is a buyer's market?

 

[Bjerknes]

Ok this is where i put my tinfoil hat on, maybe that's exactly what they want. What time is a buyer's market?

When the fear is the highest.

You could be right. But then I look at the charts and see ES closed last week under 3900. XLF looks horrible. I can’t trust it.

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Marc Cohodes destroying the bailout crew. Absolutely love it.

 

[A͎u͎s͎h͎]

 

[Bjerknes]

“Jamie Dimon is the best banker in the business. He would sell his mother for a nickel if he could. If Jamie Dimon isn’t in a business, you shouldn’t be in that business. Is Jamie in crypto? No. Is Jamie in SIVB? No.” - Cohodes

 

[GordoDeCentral]

“Jamie Dimon is the best banker in the business. He would sell his mother for a nickel if he could. If Jamie Dimon isn’t in a business, you shouldn’t be in that business. Is Jamie in crypto? No. Is Jamie in SIVB? No.” - Cohodes

Is the misspell intentional? And jamie dimon dont need no crypto when his banks owns more silver than anyone in history.

 

[Bjerknes]

Is the misspell intentional? And jamie dimon dont need no crypto when his banks owns more silver than anyone in history.

Freudian slip or auto correct.

 

[GordoDeCentral]

Freudian slip or auto correct.

I've been out of finance for a while so thought maybe he got a new nickname, also dont ever fucking work for jamie dimon.

 

[Bjerknes]

After market open. Yayyyy.

I've been out of finance for a while so thought maybe he got a new nickname, also dont ever fucking work for jamie dimon.

He’s probably a total cunt. Never liked him or them.

 

[GordoDeCentral]

After market open. Yayyyy.





He’s probably a total cunt. Never liked him or them.

I worked at jp Morgan, by far the worst place i ever worked at in my life.

 

[Bjerknes]

I worked at jp Morgan, by far the worst place i ever worked at in my life.

I can only imagine.

 

[Bjerknes]

Thanks Janet.

CARSH IT

 

[GordoDeCentral]

Thanks Janet.

CARSH IT

Good.