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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 41 KB, 902x416, Silicon Valley Bank.jpg [View same] [iqdb] [saucenao] [google]
54023757 No.54023757 [Reply] [Original]

https://www.fdic.gov/news/press-releases/2023/pr23016.html

>> No.54023781 [DELETED] 

>>54023757
first

>> No.54023783 [DELETED] 

>>54023757
ok

>> No.54023788 [DELETED] 

Nothingburger.

>> No.54023789 [DELETED] 

Did this really need a sticky?

>> No.54023791 [DELETED] 

Shit thread

>> No.54023799 [DELETED] 
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54023799

>>54023781

>> No.54023803 [DELETED] 

>>54023757
wat mean dis?

>> No.54023807 [DELETED] 

a thread died for this

>> No.54023808 [DELETED] 

>>54023757
Niggers

>> No.54023812 [DELETED] 
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54023812

Mods=fags

>> No.54023819 [DELETED] 

ITS OVER

>> No.54023818 [DELETED] 

>>54023757
Posting in a sticky
NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER
NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER
NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER

>> No.54023821 [DELETED] 

>sticky
>only 9 replies
jesus christ this board is dead

>> No.54023826 [DELETED] 

>>54023757
It's been 8 hours.

>> No.54023831 [DELETED] 

>>54023757
If you have usdc GET OUT NOW.

>> No.54023839 [DELETED] 
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54023839

I miss them

>> No.54023843 [DELETED] 

ok, thanks Mr. Mod. Anyway...

>> No.54023846 [DELETED] 

>>54023839
Holy shit

>> No.54023856 [DELETED] 
File: 18 KB, 600x402, 68FB65A0-F581-4551-A234-8FEA1B79D4AE.jpg [View same] [iqdb] [saucenao] [google]
54023856

HERE WE GO AGAIN

>> No.54023857 [DELETED] 
File: 485 KB, 672x816, 1612280142399.jpg [View same] [iqdb] [saucenao] [google]
54023857

ALL BOARDS, REPORT IN

>> No.54023864 [DELETED] 
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54023864

>no liquidity?

>> No.54023867 [DELETED] 

isnt this what weve been talking about all day? did something change?

>> No.54023872 [DELETED] 

bump

>> No.54023875 [DELETED] 

All of your deposits will be fully FDIC insured and backed by the federal government, wholly redeemable as CDBC

>> No.54023876 [DELETED] 

>>54023857
/sp/ here. Liquidating my portfolio and putting it on the lakers over

>> No.54023877 [DELETED] 
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54023877

i have less than $100 dollars in my bank account right now
am i safe?

>> No.54023882 [DELETED] 
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54023882

beware the goose is loose

>> No.54023887 [DELETED] 
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54023887

>>54023757
What other banks are likely to affected by this? Is it safe to just my long term puts on regional banks. I mean if any banks are getting bailed out it'll be the big ones not the regional ones

>> No.54023908 [DELETED] 

>>54023757
lol, lmao

>> No.54023910 [DELETED] 

>>54023839
me too man, me too

>> No.54023915 [DELETED] 

sticky deez nutz

>> No.54023916 [DELETED] 

>>54023789
You'll be singing a different tune come Monday morning. Enjoy your weekend

>> No.54023931 [DELETED] 

>>54023887
>Is it safe to just my long term puts on regional banks that tend to get acquired by larger entities such as SVB
no

>> No.54023951 [DELETED] 

>>54023757
Nice knowing you guys

>> No.54023954 [DELETED] 

POSTING IN EPIC BREAD

>> No.54023956 [DELETED] 

>>54023931
Wouldn't that mean puts on regional banks are bullish

>> No.54023957 [DELETED] 

>>54023757
Good riddance, wonder why another bank didn’t buy. Funny how it was MBS and California again that are the canary in the coal mine, huh?

>> No.54023966 [DELETED] 

>>54023757
old news

>> No.54023968 [DELETED] 
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54023968

Niggerposting in a sticky.

inb4 the kikes 'refund' everyone via CBDC

>> No.54023996 [DELETED] 
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54023996

>>54023788
>>54023791
HEEEM SLEEPY
>>54023789
This is 2008 on roids

>> No.54023997 [DELETED] 

Does TLT go up if the fed pivots?

>> No.54024000 [DELETED] 

>>54023757
Done in by the VC community. The very community it helped for so long.

Oh well.

>> No.54024005 [DELETED] 
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54024005

What's that?

The FDIC only has a fraction of their stated reserves and wargames concluded FDIC didn't have enough to bail? And the commercial banks have a 0 reserve system in the U.S.?

Bruhs help me out here, is this bullish for the U.S. in a 1772 Credit Crisis Contagion?

>> No.54024007 [DELETED] 
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54024007

GEE BOOMERS, HOW COME YOUR MOM LETS YOU FUCK OVER THE NEXT GENERATION WITH TWO FINANCIAL COLLAPSES?

>> No.54024008 [DELETED] 

>>54023968
Faggot jannies really deleted my nigger post lol

>> No.54024016 [DELETED] 
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54024016

Big if true

>> No.54024018 [DELETED] 

>>54023757
who the fuck cares? why is this pinned lmfao

>> No.54024020 [DELETED] 
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54024020

>>54023887
noone short term probably except for overleveraged banks in securities. They had 150 bil of equities on the balance sheet which are presumably going to be liquidated so there will be selling pressure. Other banks that did a similar thing would likely get the same treatment but the ripples in the broader economy could be serious. You never know until it happens.
One thing that is obvious is this is the first more major event to occur and very likely not the last of this overleveraged cluster cunt fuck of an economy. The only way to get back to normality is to pop the imaginary wealth bubble. Bring the pain.

>> No.54024027 [DELETED] 
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54024027

It begins

>> No.54024047 [DELETED] 

tru if bigg

>> No.54024063 [DELETED] 
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54024063

Maybe you could tell me what is going on. And please, speak as you might to a young child, or a golden retriever.

>> No.54024064 [DELETED] 

>>54023757
$175b deposits, $200b assets as of 12/22
Will they cover their uninsured deposits? If not, where would the liquidated assets go?

>> No.54024072 [DELETED] 

>>54023757
>some random crypto bank goes broke
who cares. mods are fags

>> No.54024073 [DELETED] 

guarantee the bank was like this to their customers
>umm no sweatheart you cant invest in crypto
>umm no sweatheart you cant transfer to these banks
>umm no sweatheart you can't withdraw until the next business day
>umm no sweatheart you have to visit us in person to do something to your account

and the npcs investing there are like
>nooo why is my best bank in the world shutting down???

>> No.54024079 [DELETED] 
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54024079

Doubt my life is changing much

>> No.54024080 [DELETED] 
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54024080

Post the song you're vibing to while the economy collapses
https://www.youtube.com/watch?v=HB-eSM5qXQE

>> No.54024086 [DELETED] 

>>54024064
Insurer takes it and sells it off to repay whatever they can to the customers

>> No.54024098 [DELETED] 
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54024098

>>54024064
If the situation gets too hot, the liquid just evaporates

>> No.54024103 [DELETED] 

>>54024073
SVB was mostly handling cash and payroll for a shitload of Silicon Valley startups. They got heemed because most of their reserves were low rate treasuries and JPow cranked rates high enough to destroy the value of their old bonds.

>> No.54024126 [DELETED] 
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54024126

this is what healthy, sustainable growth looks like

>> No.54024127 [DELETED] 

>>54024072
this is just a regular bank

>> No.54024134 [DELETED] 
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54024134

Postin in da stickie

>> No.54024135 [DELETED] 
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>>54024080
https://www.youtube.com/watch?v=rQiHzcdUPAU

>> No.54024139 [DELETED] 

>>54024086
Customers as in depositors? Anyone holding stock is fucked right?

>> No.54024143 [DELETED] 
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>>54024064
no under 250k accounts are wiped out. Uninsured accounts get a certificate that they may get paid out upon bankruptcy but that will take a long time.
Also fuck tranny jannies for deleting my image cope seethe dliate you will never be a woman and niggers tongue my anus

>> No.54024171 [DELETED] 

>>54024080
https://www.youtube.com/watch?v=Xa_O05TpIw4

Random af, but there is something about 90's trance that is so KINO. I dont know how or why I discovered these Rave Mission albums, but fuck they are good.

>> No.54024175 [DELETED] 
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>>54023857
/tv/ standing by. Just here for the chaos kino.

>> No.54024194 [DELETED] 

>>54023757
https://archive.is/Os1Nr
context

>> No.54024204 [DELETED] 

https://twitter.com/MoonMarket_/status/1634297545860997122

>> No.54024205 [DELETED] 

Who profits from this?

>> No.54024217 [DELETED] 
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54024217

>Another black woman as the economic experts
LMFAO

>> No.54024219 [DELETED] 

>>54024139
Yes depositors:
If you deposited over 250 000$, read the article in the stickied as it has a phone number you can call if you had more than 250 000$ deposited.
If you own stocks then there is a separate matter involving bankruptcy matters, where you will get some money back - but I am not very familiar with How that works.

>> No.54024223 [DELETED] 
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54024223

>>54023857
/sci/ here monitoring the countown

>> No.54024225 [DELETED] 

you guys want to laugh?
look at the FDIC balance sheet

>> No.54024233 [DELETED] 

>>54023789
Yes. FDIC can MAYBE cover the losses this one bank generated. If one more fails, nobody is getting their money back in the even of catastrophe.

>> No.54024236 [DELETED] 

>>54024205
people with sqqq

>> No.54024237 [DELETED] 
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54024237

kanye was right

>> No.54024262 [DELETED] 
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54024262

>>54023857
/po/ getting ready for the fall.

>> No.54024271 [DELETED] 

So many huge happening ended up being nothingburgers I don't even know anymore. Maybe they can actually print their way out of everything. Maybe it is actually a new paradigm. Maybe it is different this time

>> No.54024272 [DELETED] 

>Sticky
It's over

>> No.54024282 [DELETED] 
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54024282

Just curious should leafs be concerned?

>> No.54024283 [DELETED] 

XRP schizos were right all along weren't they.

>> No.54024301 [DELETED] 

>>54024282
Yes.

>> No.54024307 [DELETED] 

A biz sticky? Now I can post about candlejac

>> No.54024315 [DELETED] 
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54024315

I hope all the dog coins go to 0

>> No.54024319 [DELETED] 

the major banks have enough cash on hand since 2008 QE began. trash overleveraged banks like svb deserve to die and it will only hurt tech cucks

>> No.54024333 [DELETED] 

>>54024319
>will only hurt tech cucks
That's what S&P is

>> No.54024335 [DELETED] 
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54024335

>Silicon Valley Bank is the first FDIC–insured institution to fail this year.
What did they mean by this?

>> No.54024349 [DELETED] 

>>54023757
rolling for a bloody monday

>> No.54024357 [DELETED] 

N

>> No.54024359 [DELETED] 

>Only 1000 replies

biz is dead

>> No.54024360 [DELETED] 

>>54024333
everyone with a brain exited non-value stocks in january last year when things were getting sketchy. much of the value within the s&p shifted around like that as well, which is why broad market losses were so dampened.

>> No.54024374 [DELETED] 

>>54023857
/int/tard one here

>> No.54024379 [DELETED] 

>>54024282
>>54024301
How does this affect maplesyrupistan?

>> No.54024380 [DELETED] 

>>54024319
>the major banks have enough cash on hand since 2008 QE began.
They actually don't. Zero reserve requirements plus ZIRP equals extreme fuckery with leverage and derivatives again.

>> No.54024386 [DELETED] 
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54024386

stickyyyyy!!!

>> No.54024398 [DELETED] 

>>54024359
barely 100 , adjust your glasses anon

>> No.54024400 [DELETED] 

>>54024205
whatever god jim cramer pissed off

>> No.54024404 [DELETED] 

If shit hits the fan will there even be a bailout

>> No.54024405 [DELETED] 

/pol/tard here, guess who orchestrated this...

>> No.54024409 [DELETED] 

>>54024380
>Zero reserve requirements plus ZIRP equals extreme fuckery with leverage and derivatives again.
no. you can easily look up how leveraged banks are in terms of total assets over cash on fred. the big banks are all way less leveraged than in 08.

>> No.54024411 [DELETED] 

>dead sticky

>> No.54024415 [DELETED] 

>>54024379
The whole west coast from the Gay Area up to Vancouver is one big interconnected bubble economically, plus our banking system and your banking system are interconnected a bunch of places due to all the cross-border commerce.

>> No.54024424 [DELETED] 

>>54024404
in the form of cbdc's , we're in the endgame now biz

>> No.54024431 [DELETED] 

Everyone stop posting. The mods are fags.

>> No.54024432 [DELETED] 
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54024432

>>54023757
what does this mean?

>> No.54024434 [DELETED] 

>>54024405
Actually this is fucking them over, normal people are fine up to the 250k FDIC insurance limit

>> No.54024439 [DELETED] 
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54024439

>>54024404
Not for white people

>> No.54024440 [DELETED] 

>>54024072
>second biggest bank collapse in American history
>who cares

Also this was not a crypto bank, it’s been around for over 40 years

>> No.54024442 [DELETED] 

Anyway ...
Can you recommend me a 1000x gem crypto?

>> No.54024449 [DELETED] 

>>54024223
>muran borrowind

>> No.54024455 [DELETED] 
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>>54023757
Postin in ebin stigy :DDDD

>> No.54024459 [DELETED] 
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>>54024335
>this year

>> No.54024468 [DELETED] 
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>>54024442
XRP

Schizos are always right.

>> No.54024475 [DELETED] 
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54024475

>>54023757

>> No.54024476 [DELETED] 

>>54023757
SVB can go under but chinese realtors are just fine despite being in even more debt

>> No.54024485 [DELETED] 

Where are you guys storing your cash? I’m sitting on 150k and shitting bricks right now….

>> No.54024499 [DELETED] 

>>54023799
Impressive

>> No.54024507 [DELETED] 
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>>54023857
/tv/ here sending in the liquidators.
Glory to the Soviet Union!

>> No.54024510 [DELETED] 
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54024510

Hi mom, i just posted in the sticky. Yes, hyperinflation soon. See ya

>> No.54024520 [DELETED] 

>>54024434
>normal people are fine up to the 250k FDIC insurance limit
They're fine until the kikes decide they are going to only pay back in CBDC

>> No.54024535 [DELETED] 

>>54024442
chainlink

>> No.54024555 [DELETED] 

>>54024415
>The whole west coast from the Gay Area up to Vancouver
Vancouver is very much part of the Gay Area

>> No.54024558 [DELETED] 
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54024558

>sticky for a nothingburger

>> No.54024573 [DELETED] 

>>54024555
Not geographically, that was a dig at the San Francisco Bay Area.

>> No.54024577 [DELETED] 
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54024577

Hope you niggas are prepped.

>> No.54024592 [DELETED] 

So, does the receiver pass off to the quarterback for a touchdown?

>> No.54024600 [DELETED] 

Should I actually be panicked or are you guys just funposting?

>> No.54024606 [DELETED] 

>sicky
>less than 120 replies
>dont even have to make the less than 300 posts bait
I guess jeets got orders to no shill in a sticky

>> No.54024607 [DELETED] 
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>>54024577
stocked up on rations today. dont have a gun but i have a katana and i know how to use it

>> No.54024608 [DELETED] 

>>54024558
Cope

>> No.54024613 [DELETED] 

>>54024217
Shhhhiiiiiiiiieeeeet

>> No.54024618 [DELETED] 

>>54024577
Wait an average burger can own FMJ's?

>> No.54024636 [DELETED] 

QRD: SVB was trying to make ends meet by using mortgage rates they were only making 1.5% on. Yellen decided she was going to raise rates so treasury yields are higher. THUS, we have this collapse. Not only did they do low rate mortgages, they also do silicon valley startups and VC funding. Anyway, The fed came in yesterday and tried to find a fucking buyer for these 1:20 leveraged fucks and couldn't. Now we are here with the 2nd largest bankruptcy in the world.

>> No.54024643 [DELETED] 
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54024643

>>54024577
i invested in something with real value.

>> No.54024658 [DELETED] 

I can't believe how many companies put their money in this retarded bank, feels sketchy to me

>> No.54024662 [DELETED] 

>>54024607
diabetes will kill you way before any looter will so no need for ammo kek

>> No.54024665 [DELETED] 

>>54024636
>Yellen decided she was going to raise rates so treasury yields are higher. THUS, we have this collapse.
Woman moment

>> No.54024676 [DELETED] 
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54024676

>>54023857
/a/ here

>> No.54024685 [DELETED] 

>>54024073
>umm no sweatheart you cant invest in crypto
It literally did that. They closed the account of a crypto founder and asked him to move his funds elsewhere after ftx's collapse.

https://twitter.com/gregosuri/status/1634255556843274245?cxt=HHwWioDQnaaxha4tAAAA

>> No.54024686 [DELETED] 

>>54023857
/pol/ chud reporting in, although I like /biz/ better and only lurk on /pol/ nowadays.
Is this an actual bankrun? If so, can this leak out to other banks?
Luckily I don't keep any money in a bank so I don't give a fuck, if it makes BTC cheaper then let's fucking go.

>> No.54024691 [DELETED] 
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54024691

>>54024283
>>54024468
imagine not having at least 1,000 XRP. you had 10 fucking years. LMAO

>> No.54024695 [DELETED] 

>>54024643
Based and deenzpilled. I also have a stack.

>> No.54024697 [DELETED] 
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>>54023857
/pol/ reporting in o7

>> No.54024698 [DELETED] 
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>>54023757
https://archive.is/ul6NA

>> No.54024701 [DELETED] 

>>54024359
Ironic because biz actually is really dead

>> No.54024704 [DELETED] 

>>54024643
>not longing wine herring
kek poorfag

>> No.54024707 [DELETED] 

>>54023882
>the goose is loose
Haven't thought of Larry in years. This brought back old memories.

>> No.54024711 [DELETED] 
File: 210 KB, 1500x1500, AACBCE92-C2E3-43AC-AE57-7EE8B5004D4B.png [View same] [iqdb] [saucenao] [google]
54024711

>make money
>put money in bank
>something happens
>money disappears

>> No.54024718 [DELETED] 

>>54024618
Yeah FMJ's are probably the most common ammo here

>> No.54024729 [DELETED] 

>>54024686
the bank is ded but people with 250k or less are fdic insured. If people had more then that in an account they should have put that money in another bank

>> No.54024731 [DELETED] 

>>54023799
Kinda reminds me of a fat Dark Souls boss

>> No.54024742 [DELETED] 
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54024742

So uh, is it happening?
Should I just withdraw all my savings?

>> No.54024752 [DELETED] 
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>>54024600
depends on your positions. this is bad for tech meme shit and other meme banks like svb but shouldn't really touch value or solid banks much. you obviously never know for sure with unintuitive ripple effects (e.g. svb -> tech meme shit -> nonbank financials), but cash in normal banks should be pretty fucking safe.
the fed didn't deleverage banks for 14 years for nothing

>> No.54024755 [DELETED] 
File: 395 KB, 884x546, dwarf dug too deep.png [View same] [iqdb] [saucenao] [google]
54024755

ITS OVER

>> No.54024759 [DELETED] 
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54024759

>>54024618
Uh, yes? FMJ is used even in cheap range ammo, in contrast to the more expensive self defense hollow-point rounds.
This isn't even a good deal but it's what my local sporting goods store carries on the cheaper end. It's FMJ.

>> No.54024760 [DELETED] 

https://twitter.com/cnbcovertime/status/1634307044613189635?s=46&t=sTHdyeL232UJZ2tYlv06TA

>> No.54024763 [DELETED] 

Wasn't Evergrande supposed to collapse the economy but the chinks managed to salvage it somehow? Could the fed do something similar to stop this from fucking us?

>> No.54024765 [DELETED] 
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>> No.54024767 [DELETED] 

>>54024080
https://youtu.be/ybC6iBWLZ6k

>> No.54024768 [DELETED] 

>>54024711
>>54024742
That only happens if you use internet tokens

>> No.54024780 [DELETED] 
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54024780

>>54024618
we can own tracers, rounds with penetrators, and even some AP rounds (like m2 .30-06 milsurp for the garand). stay mad.

>> No.54024781 [DELETED] 

>>54024126
BUT THE FUNDAMENTALS

>> No.54024784 [DELETED] 

>>54024763
Probably propping it up with more quanaitive easing and outrageous tax hikes, as per usual

>> No.54024786 [DELETED] 
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>>54023857
/pol/ standing by to blame jews.

>> No.54024789 [DELETED] 

>>54024685
kek

>> No.54024791 [DELETED] 
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54024791

Not my problem, just placed a big order for gold.

>> No.54024793 [DELETED] 

>>54024768
The "money" in your bank account is an internet token hahahahahaha

>> No.54024812 [DELETED] 

>>54024784
>Inflation goes back up
>Repeat until US collapses

>> No.54024815 [DELETED] 

>>54024080
https://www.youtube.com/watch?v=lIbnW_6SYX4

>> No.54024820 [DELETED] 
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54024820

I think this thread will have tons of views from people in the startup world that are likely to be SVB customers. If we all agree to not do run in the bank, it will improve chances for SVB to make it through the next few days.
I'll start with committing not to withdraw money my company [redacted] holds in the bank.

We stand by SVB.

I invite others to do the same.

>> No.54024823 [DELETED] 
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54024823

>>54024335
>>54024459
>first

>> No.54024827 [DELETED] 

>>54024760
>Will be resolved in weeks or months
This chink's lying isn't he?

>> No.54024828 [DELETED] 

>>54024742
The $20 you have left in your savings account is insured.
Anyone storing things of value there above 250,000 better have assets spread around.

>> No.54024830 [DELETED] 

>>54024763
>Could the fed do something similar to stop this from fucking us?
yes but they would rather send another 300 billion to ukraine

>> No.54024833 [DELETED] 
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54024833

why did all of these startups go with this bank in particular? do they have low rates specifically for tech faggots are something?

>> No.54024834 [DELETED] 

>>54024698
>Spyware company who profits off stealing people's data dying
Good

>> No.54024837 [DELETED] 

>>54024704
sorry, while flattered i am in fact not gay.

>> No.54024838 [DELETED] 

>>54024080
https://www.youtube.com/watch?v=4yY_CDZw1_k

>> No.54024844 [DELETED] 
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>>54024676
this is a frog board. you don't belong here

>> No.54024849 [DELETED] 
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54024849

No one panic, the millennials and EVs will save us

>> No.54024853 [DELETED] 

>>54023799
Isthat Nickocado? Imagine the agility when he was thin

>> No.54024858 [DELETED] 

Just remember how 08 started, first it was the small banks, then medium, then large. This may have the same impact.

>> No.54024861 [DELETED] 

>>54024833
easy capital + tech is one big cargo cult and y combinator recommends it

>> No.54024865 [DELETED] 

>>54024793
Yeah it's insured up to 250k. A shitcoin wallet isn't

>> No.54024866 [DELETED] 
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54024866

>>54023857
/mlp/ reports that silver is harder than Silvergate or Silicon

>> No.54024868 [DELETED] 

>>54024080
https://www.youtube.com/watch?v=ro9Kh215PQI&ab_channel=DEATHFETISH

>> No.54024870 [DELETED] 

>>54024820
>jtarud
more like j. talmud, posting after he ran on the bank so he can buy time to dig his dying dad out of his nursing home to get his deposits out

>> No.54024875 [DELETED] 

>>54024812
>inflation goes up
>ummm...uhh...shit...fuck, let's just print some more money!
This is LITERALLY what they do lol

>> No.54024878 [DELETED] 

Execute all biz mods, including and especially gookmoot
https://vocaroo.com/1dmb0PiAqesv

>> No.54024887 [DELETED] 
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54024887

>>54024643
>>54024695
>>54024704
You are all pathetic.

>> No.54024896 [DELETED] 

>>54024887
Your mom smokes big sprats

>> No.54024902 [DELETED] 
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54024902

>>54024643
Based King Oscar appreciator.

>> No.54024907 [DELETED] 

Is Mannarino still hugely invested in banks? Is he sharting self?

>> No.54024908 [DELETED] 
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54024908

>>54024849
>wealth tax
we live in a fucking oligarchy. why would rich people tax themselves?

>> No.54024916 [DELETED] 

>>54024837
>apologizing for not being gay
must be canadian

>> No.54024917 [DELETED] 
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>>54024887
interesting lid design.

>> No.54024922 [DELETED] 

>>54024908
They won't, it's a meme.

>> No.54024942 [DELETED] 

Is this the 1st sticky on biz

>> No.54024958 [DELETED] 

what does it mean, why did it close all of a sudden

>> No.54024970 [DELETED] 

>financial collapse
>only 1000 replies
This board is dead

>> No.54024976 [DELETED] 

>>54024942
no absolutely not , weren't you here for the bog twins death or the crypto purge ? and those were just last year

>> No.54024977 [DELETED] 

this is the shittiest and slowest sticky in 4chan history

>> No.54024980 [DELETED] 
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54024980

it's not happening r-right guys

>> No.54024993 [DELETED] 

>>54024223
Did you know this nigga flew an entire mission without any crew? Did the whole thing on autopilot.

>> No.54025018 [DELETED] 
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54025018

>all this happening just as the switch is about to be flipped in 2 weeks
My schizo senses are tingling. We tried to warn you...

>> No.54025024 [DELETED] 

>>54024976
also the one when we breached 20k for the first time since 2017

>> No.54025048 [DELETED] 

>>54023857
/X/fag reporting in

>> No.54025055 [DELETED] 

>>54024577
Too many guns.

Not enough pasting food.
Nothing to combat (((chemical spills)))
Hope you have a garden.
Where does your water come from? Hope nobody attacks that source.

>> No.54025057 [DELETED] 

>>54025024
And the one with the gay wolves, what was that even about

>> No.54025066 [DELETED] 

>>54023857
/x/ chad here i told you so

>> No.54025069 [DELETED] 

>>54025018
Tell me more about this switch wise 2 more weeks poster

>> No.54025073 [DELETED] 

>>54024643
Now here’s a lad with a based midset.

>> No.54025075 [DELETED] 

>>54024844
No, this is a mumu and bobo board. Frogs have no real power here.

>> No.54025090 [DELETED] 

>>54024977
Lol it should've been up during market hours, dumbass mods

>> No.54025095 [DELETED] 
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54025095

https://variety.com/2023/digital/news/roku-svb-failed-silicon-valley-bank-cash-1235549817/

>Roku Says $487 Million of Its Cash, or 26%, Was Held in Failed Silicon Valley Bank

Roku sisters.....
It's over....

>> No.54025098 [DELETED] 
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54025098

>>54025075
>this is a mumu and bobo board
nobody tell him

>> No.54025102 [DELETED] 

>>54024976
>no absolutely not , weren't you here for the bog twins death or the crypto purge ? and those were just last year
I've been here since 2017. But I don't come here every day because of work and vidya.

>> No.54025113 [DELETED] 
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>>54024016

>> No.54025125 [DELETED] 

This also is happening over at Wells Fargo:
Wells Fargo Says “Technical Issue” Causing Customers to See Missing Deposits in Their Accounts

>> No.54025135 [DELETED] 
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54025135

Today marks the official start of Swan Season.

post our favorite avian of a dark persuasion to mark the occasion.

>> No.54025138 [DELETED] 
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54025138

>>54023857
/vt/ here, drama all over today

>> No.54025140 [DELETED] 

>>54025095
how many more tech firms are involved i wonder?

>> No.54025156 [DELETED] 
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54025156

CALIFAGS MUST DIE
PIVOTERS MUST DIE
TECHFAGS MUST DIE
BAILOUTERS MUST DIE
MONEY PRINTERS MUST DIE
AND MOST OF ALL
CRYPTO MUST DIE

>> No.54025159 [DELETED] 

>>54023757
The power of diversity and women!

>> No.54025174 [DELETED] 
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54025174

>>54025138
>/vt/

>> No.54025186 [DELETED] 

>>54025156
If FTX didn't kill the bitfart this sure won't

>> No.54025199 [DELETED] 

>>54023757
>It's a nothingburger
Color me surprised

>> No.54025202 [DELETED] 

>>54025174
That's /tv/ dumbass

>> No.54025214 [DELETED] 
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>>54024896
>>54024917
You will eat them. You will be happy.

>> No.54025231 [DELETED] 
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54025231

I had this feeling in my guts for months that something was about to happen. How bad is it going to be?

The US gov is clearly flailing around trying to make it sound like they are working on it, but Powell more or less already gave up.

How will Europe get hit by this shit? What went so wrong? China had Evergrande because they did retarded shit with investment in real estate. But what did the burgers do here?
Should we expect WW3 to cover up this whole mess?

>> No.54025238 [DELETED] 
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54025238

>>54025125
It's so over

>> No.54025239 [DELETED] 

>>54025140
Half of ALL VENTURE BACKED US FIRMS

>> No.54025240 [DELETED] 

>>54024577
Where are the meds?

>> No.54025258 [DELETED] 
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54025258

>>54023857
/tv/ here for the memes

>> No.54025259 [DELETED] 

>>54023839
>implying they are gone

>> No.54025264 [DELETED] 

>>54025239
https://www.bloomberg.com/news/articles/2023-03-10/silicon-valley-bank-the-investor-lender-networker-of-startups

>> No.54025274 [DELETED] 

Which is the safest stablecoin to hold right now? I can't withdraw to the bank, have half a mill on stables. I think it might unironically be USDT.

>> No.54025278 [DELETED] 

>>54025202
nah /vt/ is the new bronies, bunch of pathetic faggots PAYING trannies pretend to be anime characters lmao

>> No.54025302 [DELETED] 
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54025302

>>54025278
You seem pretty mad about vtubers anon, do you need to talk?

>> No.54025308 [DELETED] 

>>54025274
bitcoin or ethereum

>> No.54025320 [DELETED] 

>>54025231
>>How will Europe get hit by this shit?
Bank failures cause deflation. Enjoy the Euro sinking below the dollar.
>What went so wrong? China had Evergrande because they did retarded shit with investment in real estate. But what did the burgers do here?
SVB held most of their reserves as mortgage backed securities (yes, like 2008) and as low-interest treasury bonds. The Fed hiking rates crushed the value of both of those.

>> No.54025321 [DELETED] 
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54025321

posting in a biz sticky thread

>> No.54025325 [DELETED] 

>>54025278
At least bronies could hide behind a thin veneer of irony. There's absolutely no excuse for simping over a fake anime avatar.

>> No.54025328 [DELETED] 

I don't understand what's happening, someone please explain like I'm a retard

>> No.54025329 [DELETED] 

>>54025302
Is there any cosplay of this girl?

>> No.54025332 [DELETED] 

>>54025274
tether said they had no exposure to sivb so momentarily that's a plus i guess

>> No.54025347 [DELETED] 

>>54025308
Ya but they’ll go down A lot too

>> No.54025349 [DELETED] 

>>54025274
If you want safe just buy metals, what do you need stables for. Buy metals and btc and you'll probably be better off by the end of the decade than most people

>> No.54025353 [DELETED] 

>>54025238
This can't be real. The seams couldn't possibly be coming apart so quickly that the official Twitter handle is acting as the complaint call center receptionist

>> No.54025359 [DELETED] 
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54025359

>>54025302
Not mad, just disappointed.

>> No.54025368 [DELETED] 
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54025368

>>54023757

>> No.54025373 [DELETED] 

>>54025325
Every anime character is a fake anon you didn't need to specify that.

>> No.54025377 [DELETED] 

what are the ramifications of this

>> No.54025378 [DELETED] 

>>54024217
WE NEED MO MONEY FO DEM PROGRAMZ

>> No.54025381 [DELETED] 
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54025381

>>54023857
/v/ here. I don't understand shit, feel like I'm retarded.

>> No.54025387 [DELETED] 

>>54023757
uh oh we have a sticky habbening

>> No.54025400 [DELETED] 

BREAKING: SVB UK branch placed into mandatory receivership by Bank of England

>> No.54025403 [DELETED] 

>>54025353
>This can't be real
Oh but it is anon kek
https://twitter.com/WellsFargo/status/1634337176367267843?s=20

>> No.54025404 [DELETED] 
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>>54023857
/v/ here, standing back and standing by

>> No.54025414 [DELETED] 

>>54025373
Anime characters are real characters, with written dialogue, who participate in a story.

Vtubers are female thots wearing an anime skinsuit because they're too ugly to thot the normal way.

>> No.54025419 [DELETED] 
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>>54025368

>> No.54025421 [DELETED] 
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54025421

>>54023857
/out/ reporting in, keeping the eggs safe.

>> No.54025424 [DELETED] 

>>54025368
I shorted tech with a fuck ton of leverage earlier in the week and it began paying off today. Next week I'm going to be eating good. :)

>> No.54025440 [DELETED] 

From @pulte
All the frauds being exposed

>> No.54025448 [DELETED] 

>>54025414
So your line between pathetic and not pathetic is whether or not the anime character is being voiced and animated in real time or not. That's pretty weird but ok

>> No.54025450 [DELETED] 

>>54024791
are you trying to brag by posting a picture of like $600 in cash?

>> No.54025451 [DELETED] 

>>54023831
And Tether.

>> No.54025472 [DELETED] 
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54025472

I just walked over to my local bank and it says I can't withdraw on the ATM, and the bank teller told me they can't because of "technical issues", i went over to a different branch and asked to deposit 100 (as a shit test) and they said no problem. I switched half way through the conversation and said "oh i slipped up i really wanted to withdraw 100" and the teller kinda fumbled and look at their coworkers and said "I can't, its glitched" and i just said if you can take deposits how come you can't take withdraws, and they just made up some "i don't know" bullshit lie

holy shit its actually happening, im panic buying boomer rocks as we speak to retain purchasing power and wealth

>> No.54025473 [DELETED] 

>>54025320
Holy Shit. They really didn't learn anything.

>> No.54025476 [DELETED] 
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54025476

2nd largest bank failure in the US
RIP

>> No.54025490 [DELETED] 
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>>54023857
/k here, Ready to shoot some shit.

>> No.54025525 [DELETED] 

>>54024080
Anymore that hit like these two?
https://www.youtube.com/watch?v=psSe0A655mA

>> No.54025527 [DELETED] 
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>>54025135
Looks like I owe Michael Burry an apology YET AGAIN.

>> No.54025529 [DELETED] 
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>>54023757
https://www.twitter.com/collinrugg/status/1634328020113825792?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54025534 [DELETED] 
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>>54023857
cat princess fucker from /sthg/ - /vg/ reporting.

What have you people done? Who pissed off the AI that controls the markets?

>> No.54025546 [DELETED] 

>>54025490
Go back, nafo-tranny

>> No.54025558 [DELETED] 

>>54025476
2nd largest bank failure in the US so far

>> No.54025579 [DELETED] 
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54025579

>>54025368
Kiwibros not like this

>> No.54025583 [DELETED] 

>>54025476
Are we just going to pretend the US government didn't bail out larger banks back in 2008 to avoid a bigger collapse?

>> No.54025592 [DELETED] 

>>54025472
>>54025476
shit is lit

>> No.54025623 [DELETED] 

Don't worry guys, there's no way they'll let a single Jew lose a cent

>> No.54025627 [DELETED] 
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54025627

>>54023757
Not my problem.

>> No.54025630 [DELETED] 

>>54025579
Kiwibro here, what did you mean by this

>> No.54025633 [DELETED] 

I asked this in an earlier thread but didn't get an answer.

I'm starting my new job for a bank on Monday (150K+ Salary, on the Intel/Physical Sec/Reputation Due Diligence end of things)

We are also signing for our Mortgage next week.

How utterly fucked am I?

>> No.54025635 [DELETED] 

BUY
THE
DIP

>> No.54025637 [DELETED] 
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>>54023857
/tv/ reporting in, my webms are locked and loaded and my bandwidth is ready for quality oc

>> No.54025648 [DELETED] 
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>>54025527
Man I love this little nigger bird

>> No.54025656 [DELETED] 

On a scale of 1-10, how bad is it?

>> No.54025663 [DELETED] 
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>>54024080

https://youtu.be/dREqmrt9EYc

>> No.54025662 [DELETED] 

>>54025623
I thought so to until the let the literal Bank Man fall

>> No.54025665 [DELETED] 
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>>54023757
https://www.twitter.com/circle/status/1634341007306248199?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54025668 [DELETED] 

>>54025320
>SVB held most of their reserves as mortgage backed securities (yes, like 2008) and as low-interest treasury bonds. The Fed hiking rates crushed the value of both of those.
can someone explain to me like a retard what exactly this means and why hiking the rate fucked them over?

>> No.54025671 [DELETED] 

>>54025635
I am slurping as hard as I can

>> No.54025681 [DELETED] 
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burry was right again

>> No.54025687 [DELETED] 

>>54025529
Kek based retard making the Fed's policy a partisan issue

>> No.54025690 [DELETED] 

>>54025656
Easy 8, maybe 9

>> No.54025692 [DELETED] 

>>54024791
cute, my weekly bills in one pic :)

>> No.54025697 [DELETED] 

>>54025665
there is no reason usdc should be worth more than 0.75$ then

>> No.54025700 [DELETED] 

>>54025630
Rocket lab has $38 mil at SVB. >>54023757
How will this affect Australian banks?

>> No.54025705 [DELETED] 

>>54025579
>>54025630
nevermind I'm retarded

>> No.54025713 [DELETED] 

>>54025665
Oh boy. Prepare your anuses.

>> No.54025715 [DELETED] 
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>>54025665
If you use stablecoins unironically... I'm sorry, you failed the IQ test.

>> No.54025721 [DELETED] 

>>54025450
It's actually $1100, some bills are just hidden, I assure you they are all 50's and then 1 $100. The gold I bought at $65/gram and theres 20 grams there. Around $1700 total

>> No.54025725 [DELETED] 

>>54025328
https://www.bloomberg.com/opinion/articles/2023-03-10/startup-bank-had-a-startup-bank-run

Levine's take is pretty good. And he's funny.

Basically, most banks hold your money and lend some of it out to people who buy homes and shit.

SIVB holds the money of dumb startups. And lends it out to... well, pretty much nobody, because if you're running a startup you don't need much debt. So they invest that money in government bonds which is to say they loan it to the government. The government will absolutely make good on that promise to pay the interest on the bonds. The problem is that interest rates went up, and nobody wants old bonds that yield 0-1% when they can get 4-5% today.

This is fine if you're a bank and most of your clients just keep some money with you. This is not fine if you're a bank whose clients (techbros) start withdrawing their money. This is very not fine if you're a bank whose techbro clients are prone to flipping out and pulling all their money out within 24 hours of each other.

Anyone with deposits in the bank under $250K will be fine on Monday morning. Anyone (i.e., some techbro companies) over that limit will have to wait a bit. That could fuck up some tech companies, but it's likely that everybody, even the tech companies, gets made whole.

Levine points out that whoever winds up taking over the bank from the Feds is buying the leftover business that was once SVB. That business is worth the brand name (which ain't shit) and whatever actual business SVB did (which is only worth anything if every one of their clients gets back 100% of the money they had on deposit).

It's a shitshow and it could still go wrong, but I don't think this is 2008 all over again. But it is funny as shit. And if it all goes wrong, it will still be funny as shit, albeit for a different reason.

>> No.54025729 [DELETED] 

>>54025668
Mortgages and treasuries both pay out as a given interest rate. Banks typically sell these things before they mature if they need more cash. The resale value of these mortgage backed securities and treasury bonds tanked because new mortgage backed securities and treasury bonds will pay out at a 5x higher interest rate.

>> No.54025731 [DELETED] 

>>54025668
The treasury rates are higher now then what they were making on the MBSs. Thus, they can not get any buyers for their MBSs. Thus, big fucking problem.

>> No.54025734 [DELETED] 

>>54025668
rate go up make bond price go down
lotta low interest rate bond bought at peak bond price make number in account go down

>> No.54025738 [DELETED] 

>>54025697
And by that logic a $ in a bank is worth 0

>> No.54025741 [DELETED] 
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> tech companies just went through large layoffs
> now VCs and startups lose everything
B-b-but I thought learning2code was going to help me make it?

>> No.54025753 [DELETED] 

>only 300 replies
biz is dead

>> No.54025761 [DELETED] 

>>54025633
Just keep up to 250k in separate banks, if that's your concern.
And if you need to get a mortgage, you should actually just rent, but I understand some guys take the "own your own home at any cost" quite seriously.

>> No.54025767 [DELETED] 

>>54025753
and that's a good thing. Bear market /biz/ is best /biz/

>> No.54025769 [DELETED] 

>>54025738
you mean in a bank which circle cant access, meaning if there is a bank run on usdc only 0.75$ per usdc could be paid out as of today?..

>> No.54025776 [DELETED] 

>>54025583
We know, they saved almost all banks at the time
They can't save any now, this is just the first domino and it's already worse than anything besides WaMu

>> No.54025780 [DELETED] 

>>54025692
That's 2/3 a week of pay for me, $1700. I get paid $4000 biweekly, $2000 every week. After taxes there champ. I make $8000/month after taxes.

>> No.54025790 [DELETED] 
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We got emails today that we can cancel pending payments to them if we want to

>> No.54025793 [DELETED] 

>Be hedge fund
>Have leveraged exposure to bonds
>Rates are rising we gucci
>SVB shits the bed
>Has to liquidate assets
>Dumps every bond and treasury it has to raise capital for creditors
>Floods the market and bond rates tank
>All of a sudden, a 1-2% swing on 100,000 leverage looks bad
>Now hedge fund has to liquidate their assets and unroll their positions, which affects fund managers and indexes, etc
Gonna be good

>> No.54025797 [DELETED] 

>>54025753
just think of how dead biz will be when the bloodbath truly starts next week kek

>> No.54025799 [DELETED] 

>>54025776
>They can't save any now,
Yes they can lmao. Who do you think prints the money retard? How do you think the 2008 bailout was paid for. It wasn't from existing money.

>> No.54025803 [DELETED] 

>>54025700
very interest to hear from someone smarter than me, but australian banks don't seem to affected anywhere near as much as the european and american ones

>> No.54025811 [DELETED] 

>>54025793
Anon, when someone sells bonds the rates go up. Yield to maturity bitch please

>> No.54025818 [DELETED] 

>>54025668
>You deposit $100 at SVB
>SVB buys a $100 bond @ 2% interest so they can make a profit on your money while it stays in the bank
>jerome raises the rates
>bond prices collapse
>you try to withdraw $100 from SVB
>SVB tries to sell the bond for cash
>its only worth $50 now
>no withdraws for you
>pikachu face

>> No.54025820 [DELETED] 

>>54025729
>>54025731
>>54025734
How can these guys be that retarded? I mean, it doesn't take a genius to realize a year ago that more inflation = higher interest rates from fed => we'd better start selling our mortgages while they are still worth something

>> No.54025827 [DELETED] 

>>54025790
broofs :DDD

>> No.54025834 [DELETED] 

>>54025811
Sorry, I was going to say yield, but I thought that was the number of years until it repays itself. Bond nomenclature still gets me, duration, yield, etc. Not an area I'm great in

>> No.54025837 [DELETED] 

>>54025725
>Anyone (i.e., some techbro companies)
practically all svb customers are techbro customers, insured <250k deposits only make up 2.7% of the total deposits

>> No.54025839 [DELETED] 
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>>54023757
https://www.twitter.com/lawrencelepard/status/1634275111204421632?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54025846 [DELETED] 
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>>54023857
polcel

>> No.54025850 [DELETED] 

>>54025769
>if there is a bank run on usdc only 0.75$ per usdc could be paid out as of today
That's a lot more than any bank will give you. US banks have no reserve requirements now, so they could very well have 0% backing.

>> No.54025853 [DELETED] 

>>54025697
No amon, 25% of usdc reserves in cash is held in 6 banks. We don't know much of that 25% was in svb. I personally believe that the peg won't be broken unless usdc reaches are a market cap of less than 5 billion

>> No.54025864 [DELETED] 
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>>54025839
>that many old fucks were dumb enough to have their life savings sitting in banks as cash over the $250k insured limit

>> No.54025867 [DELETED] 
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Chinese people have been lining up to just find their funds restricted by their own banks, so, it was only a matter of time before we felt it. It's going to be a rough time. Get cozy.

>> No.54025871 [DELETED] 
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hmmm

>> No.54025873 [DELETED] 

>barely any pink wojaks
nothingburger

>> No.54025874 [DELETED] 

>>54025721
My bad they are actually 2.5g bars, so only 10 grams thought they were my other ones.

>> No.54025883 [DELETED] 
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>sticky
>only 1000 posts
Jesus fucking christ. /biz/ really is dead huh.

>> No.54025889 [DELETED] 

>>54024282
lol
lmao

>> No.54025892 [DELETED] 
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>>54023757
https://www.twitter.com/cramertracker/status/1634237672997699602?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54025947 [DELETED] 

>>54023757
I keeps my cash under my bed. And the rest of my wealth in gold, silver, crypto and shitty cars. aigmi?

>> No.54025953 [DELETED] 

>>54023857
/pol/ standing by

>> No.54025956 [DELETED] 

>>54025883
>>only 1000 posts
>he's this new to 4chan

>> No.54025961 [DELETED] 

>>54025820
>we'd better start selling our mortgages while they are still worth something
they *bought* shit tons of mortgages (like 80b$) during 2021. it's not just that they held onto their existing ones.
part of the reason is the retarded tech boom of 2020-2021. lots of cash in tech => lots of new deposits => shit timing for a techbro bank that suddenly has to generate tons of yield for like a 150% increase in deposits
their position wasn't great from the get-go and their industry fucked them. they just shouldn't have grown that much during 2021. not sure if they could've generated the needed yield by other means.

>> No.54026001 [DELETED] 

>>54025827
>dox yourself
No thanks :DDD

>>54025834
Happens to the best of us

>> No.54026003 [DELETED] 
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>>54025403
Holy kek, that is unbelievable. Can't understand why the rest of the sticky hasn't pounced on this.

>> No.54026006 [DELETED] 

>>54025864
Its not old fucks with life savings anon, its the cash accounts of big companies, see >>54025368

I can't wait for next Friday when Uber stops paying drivers because the company has $0 in its checking account.

>> No.54026015 [DELETED] 
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>>54025892
he was guiding us through bear market the whole time, the profits between the dumps, the true cassandra

>> No.54026024 [DELETED] 

>>54023857
/ck/ here, looks like something is cooking up but i don't even know what it is...

>> No.54026030 [DELETED] 
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>>54023857
/tg/, rattling dice.

>> No.54026032 [DELETED] 
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yejibros

>> No.54026035 [DELETED] 

>>54026006
>Its not old fucks with life savings anon,
Look at the people lined up in >>54025839
Business companies aren't lining up, they would be on the phone with their reps.

>> No.54026053 [DELETED] 
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>>54023857
/pol/
>it's over

>> No.54026055 [DELETED] 

>>54024577
Where's the pistol grip on your AK?

>> No.54026060 [DELETED] 

>>54025403
Lol my puts will print Monday

>> No.54026063 [DELETED] 
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It's over? Or is the worst yet to come?

>> No.54026067 [DELETED] 
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>>54023757
Future's so bright I gotta wear shades

>> No.54026069 [DELETED] 
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54026069

This is a nothingburger.
Jews want you to think it's 2008 v2 to deflate the markets.

>> No.54026085 [DELETED] 

>>54026006
>>I can't wait for next Friday when Uber stops paying drivers because the company has $0 in its checking account.
I can't wait for next Friday to make fun of you for being so dumb to think a company like Uber wouldn't have diversified its bank reserves.

>> No.54026087 [DELETED] 

This thread is moving so fast that no one will know that I cheat on my girlfriend

>> No.54026099 [DELETED] 

>>54026032
Not like this yejibros...

>> No.54026102 [DELETED] 

>>54026003
It's literally just some random roastie hag on twitter running into technical issues, probably because her laptop is infested with malware

>> No.54026103 [DELETED] 
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54026103

It’s actually happening

>> No.54026124 [DELETED] 

>>54024942
You don't remember when the market died? (Bog brothers)>>54024958

>> No.54026129 [DELETED] 
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>>54023857
Representing /fit/, lfg boys.

>> No.54026156 [DELETED] 
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>>54024691
It will finally be over...

>> No.54026158 [DELETED] 

I currently have all my life savings in a bank (uk, barclays, 40k). Unironically should I go tomorrow and get 10k out, put it somewhere in my house?

>> No.54026167 [DELETED] 

>>54026102
The roastie isn't the focus here anon, Wells Fargo breaking Twitter face to turn into glorified chat support instead of social media relations is embarrassing no matter how you slice it.

>> No.54026169 [DELETED] 

Lol I got turned down for a startup job last year. Reimbursement for interview travel cost came from SVB. rip my niggas

>> No.54026179 [DELETED] 
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>>54023757
https://www.twitter.com/theinsiderpaper/status/1634349485164843008?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54026181 [DELETED] 

why isn't this the pinned thread song? it's perfect
https://www.youtube.com/watch?v=6kguaGI7aZg

>> No.54026183 [DELETED] 
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>>54023857
/lgbt/ (i'm not gay i only fuck trannies)

this all seems kinda gay to me

>> No.54026184 [DELETED] 

>>54026158
You should have did that today

>> No.54026188 [DELETED] 
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>>54026102
you know you can check for yourself right

>> No.54026190 [DELETED] 

>>54025403
>https://twitter.com/WellsFargo/status/1634337176367267843?s=20
Someone should sent them a private message calling them dirty kikes

>> No.54026208 [DELETED] 

>>54025956
>doesn't recognize one of the most basic overused memes
>he's this new to 4channel

>> No.54026212 [DELETED] 

151 billion total or 97% are insured lmao.

>> No.54026221 [DELETED] 

>>54026208
>implying the response to that overused meme isn't part of the meme
>me implying your response isn't part of it too

>> No.54026224 [DELETED] 

>>54024432
Basically, more white women fucking black men.

>> No.54026228 [DELETED] 
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>>54026085
>I can't wait for next Friday to make fun of you for being so dumb to think a company like Uber wouldn't have diversified its bank reserves.

idk anons, normies don't really think things through, i would not be suprised.

>> No.54026230 [DELETED] 

>>54026212
I mean not insured, this kill venture capital and pensions fund

>> No.54026240 [DELETED] 
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54026240

I don't think it's wise to laugh at this.

Bailout is already coming. And you will pay with your taxes, burgers.

>> No.54026248 [DELETED] 
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>>54026129

>> No.54026255 [DELETED] 
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>>54026221
>

>> No.54026264 [DELETED] 

>>54026240
>to big to fail
again?

>> No.54026269 [DELETED] 
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>>54026240
Taxes???

>> No.54026275 [DELETED] 

>>54026087
based

>> No.54026290 [DELETED] 

USDC doing a lil sumsum

>> No.54026292 [DELETED] 

>>54026240
>literal who says
The Fed itself doesn't know what it's going to do

>> No.54026308 [DELETED] 
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>>54026264
happening.

>> No.54026311 [DELETED] 
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>>54023757
Its over

>> No.54026313 [DELETED] 

>>54026240
https://www.youtube.com/watch?v=wz-PtEJEaqY

>> No.54026325 [DELETED] 
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>>54026292
Anon, I...

>> No.54026332 [DELETED] 

>>54026087
>>54026275
back to reddyt

>> No.54026340 [DELETED] 
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>>54026313
"annnnnd it's gone."

>> No.54026345 [DELETED] 

>>54026158
If Barclays go under you'd be dead anyway. Too big to fail. Don't worry, worrypants. Also, you're insured.

>> No.54026368 [DELETED] 
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54026368

Techbros, I don't feel so good...

>> No.54026390 [DELETED] 

>>54026264
It's not about being too big to fail. It's about not letting a couple hundred billions fuck up half of the startup economy. Just print a bit of money and get over with it.

>> No.54026394 [DELETED] 

>>54026292
>Fed
Has nothing to do with the Fed. This is a Congress thing, just like last time. Fucking retard.

>> No.54026395 [DELETED] 

>>54026240
https://www.congress.gov/bill/111th-congress/house-bill/4173/text

>> No.54026396 [DELETED] 

>>54026290
its no surprise when 3 out 6 banks that circle had its usdc treasuries backed in were silvergate , silicon valley and signature bank kek

>> No.54026397 [DELETED] 

HOLY FUCK USDC IS IN FREEFALL

>> No.54026407 [DELETED] 
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54026407

/pol/tard tourist here. How bad is this? Please refer to the ron pa happening doomsday chart (pic rel).

>> No.54026414 [DELETED] 

>>54026325
He's not in charge, doesn't matter what he says. What does JPOW says, the only man running the economy

>> No.54026416 [DELETED] 
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54026416

>2008 happened because the banks used equal opportunity lending to sell houses to niggers who couldn’t afford them, then bet against themselves with short selling.

This isn’t the same thing. If it is, where are the niggers?

>> No.54026423 [DELETED] 

>>54026368
this man clearly has skin in the game lmao
should've gone with JPMorgan

>> No.54026436 [DELETED] 
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54026436

>>54026390
>Just print a bit of money
just grab some from the inflation bill.

>> No.54026437 [DELETED] 

>>54023997
>Does TLT go up if the fed pivots?
Yes, because investors react before they think.
You can play it both ways if your timing is good.

>> No.54026438 [DELETED] 

>>54026416
they are not shorting niggers anon
they are shorting white people

its for real this time

>> No.54026440 [DELETED] 

>>54026407
Nothingburger cause bailouts happening

>> No.54026447 [DELETED] 
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>>54026368
We warned you about banks, bro. We warned you.

>> No.54026450 [DELETED] 

>>54026397
I'm feeling sick...

>> No.54026454 [DELETED] 
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>>54024442
Chainlink

>> No.54026453 [DELETED] 

>>54026416
The niggers this time around are the techtards in California.

>> No.54026460 [DELETED] 

>>54026397
hope it crashes and burns lmao

>> No.54026464 [DELETED] 
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>>54023857
/lgbt/ here
I don't really understand it all but I'm here for the memes

>> No.54026467 [DELETED] 

>>54026440
Bailouts are a huge something burger you fucking moron, that's the point. No matter what happens now, it's all fucked. Depression or Hyperinflation pick one. We might be lucky enough to taste parts of both

>> No.54026475 [DELETED] 

>>54026240
They liquidate the bank's assets to refund the investors too, dumbasses.

>> No.54026478 [DELETED] 

>>54023857
/tg/ here I'm just going to continue painting miniatures and pretending nothing is wrong.

>> No.54026481 [DELETED] 

>>54026397
>>54026460
i like crypto but coinbase and their fees can suck it

>> No.54026482 [DELETED] 
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54026482

I'm Coyote Peterson, and this... is calling the janny a nigger.

I'm here on the boards of /biz/ at 4channel.org, where a vicious beast called "the janitor" lurks in the shadows. His diet consists of hot pockets, and he spends most of his time jerking off to blacked on his anime body pillow which is why he leaves cuck threads up. But with a little dedication, I think we can lure him out, to see his fabled sting. Also known as a "ban", the janitor's sting can hurt for up to 3 days on average, but in rare cases, have had residual effects for a lifetime. Oh... I think I see one. Yeah that's it. Over there in his mom's basement. Do you see it? Oh wow, what a big fella. Look at the fat rolls on his abdomen. While most would call him disgusting, you have to admire mother nature and what she's created here. Alright now that the janitor is here, we'll bait him into giving us his dreadful sting.

Kids, don't try this at home.

Janny... you're a nigger.

AHHHH
AUUUUGHH
UUUUUUUUUUUUUUUUUGH
OOOOOOFFFFFFFFFFFF
gaaaaaaaaaaaaaaah
It's like an intense burning through my entire ip address
ahhhhhhhhhhhhhhhhhhhhuuuuuuuuuughhhhhhhhhh
You can see it turn black around the border of the ban screen
oooooooowwwwwwww
aaahhhhh

That's it for us here on Brave Wilderness

>> No.54026501 [DELETED] 
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54026501

is this really a happening or just doomers blowing things out of proportion?

>> No.54026505 [DELETED] 

>>54026475
All those valuable assets that the collapsed bank was sitting on. I bet they'll make a mint.

>> No.54026509 [DELETED] 

>>54026467
People have been saying that for 2 years now. It's going to be fine, probably

>> No.54026512 [DELETED] 

>>54026501
50% of all venture backed US companies are exposed, gee Idk

>> No.54026514 [DELETED] 
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>>54026453
>No John, you are the niggers.

>> No.54026525 [DELETED] 

>>54026505
I'm sure it's far more than 250k per person's worth

>> No.54026528 [DELETED] 

Moments before Michael Burry nuked his twitter account
>It is possible today we found our Enron.
qrd on Enron?

>> No.54026541 [DELETED] 
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>>54023857
/Pol/
Lets go total collapse, maximum chaos, finally all these years of prepping
ITS happening

>> No.54026542 [DELETED] 

>>54026512
>all venture backed US companies
retard

>> No.54026543 [DELETED] 

>>54026525
I bet it's far less than it needs to be.

>> No.54026544 [DELETED] 

>>54026509
Okay and this bank didn't collapse until now and you're no longer dealing with the hypothetical. It has arrived. In this moment, you are faced with it.

>> No.54026553 [DELETED] 

>>54026512
i'm sure most of those are just vaporwave so they are not that important

>> No.54026557 [DELETED] 

>>54023839
They faked their deaths

>> No.54026565 [DELETED] 

>>54026453
And?

>> No.54026567 [DELETED] 

>>54026553
>vaporwave
lmao "the vaporwave crash" would be an awesome chapter in a history book

>> No.54026569 [DELETED] 

>>54026542
fucking clipping out the 50% I specifically wrote in there, you fucking disingenuous retard.
https://www.bloomberg.com/news/articles/2023-03-10/silicon-valley-bank-the-investor-lender-networker-of-startups

>> No.54026576 [DELETED] 
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>>54026553
>vaporwave
lol

>> No.54026582 [DELETED] 

If USDC had about 30% of their reserves disappear, that means that the floor is 70c, right?

>> No.54026586 [DELETED] 

>>54026528
inflated their revenues by faking them and cooked their debt books

>> No.54026628 [DELETED] 

>>54026553
The tech sector is notoriously important for US economic growth, and every single vaporware company counted as part of that assertion.

>> No.54026633 [DELETED] 
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54026633

>>54026542
retard

>> No.54026635 [DELETED] 

>>54026569
I’m going to need a non paywalled link

>> No.54026638 [DELETED] 
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>>54026553
>>54026576
That reminds me

>>>/wsg/4998339
The office-related ones are always great

>> No.54026648 [DELETED] 
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54026648

>> No.54026656 [DELETED] 

>>54026635
clipped the important part here >>54026633

>> No.54026676 [DELETED] 

What's the next bank to fail? Schwab? Wells Fargo? First Republic?

>> No.54026678 [DELETED] 

https://www.seaglassproperties.com/search/homes-for-sale/st.-thomas-st-thomas--x73803-73803/

lets crowdsource

>> No.54026687 [DELETED] 

>>54026676
digits and its all of them

>> No.54026694 [DELETED] 
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>>54026676
None (yet).
This is a manufactured fear event.

>> No.54026702 [DELETED] 

>>54026648
this guy must have so many enemies by now

>> No.54026703 [DELETED] 
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>>54023857
pol reporting in. anons I have seen the ufos irl. we are slaves here to the tech masters. good luck.

>> No.54026705 [DELETED] 

>>54026687
Rolling

>> No.54026706 [DELETED] 

>>54026676
First Republic almost definitely the next to fail out of the ones you listed

>> No.54026713 [DELETED] 

>>54026678
that would be amusing.

>> No.54026718 [DELETED] 

>>54026676
Bank of America

Terry Davis told me so in a dream about 2 years ago

>> No.54026723 [DELETED] 

>>54023757
Why is this making people panic?

It's EXACTLY what should've been done in 2008. Nowadays banks are tested harder than before and before they blow up in pieces, the regulator should intervene.

This isn't bad news overvall.

>> No.54026726 [DELETED] 

>>54026188
>>54026676
take a guess

>> No.54026729 [DELETED] 

>>54026676
credit suisse

>> No.54026736 [DELETED] 

>>54026678
probably no good internet on there and i won't bother with calling some faggot technician to get it set up properly

>> No.54026740 [DELETED] 
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54026740

>yfw you get to watch another 2008 crisiskino

>> No.54026743 [DELETED] 

>>54026633
>>54026569
that doesn't mean it's 50% of all venture capital, which means it's nothing. A venture backed company got money from SVB 20 years ago? It's in the list.
It's nothing. You wish so hard for banking collapse, just as you wished hard for hyperinflation. Guess what? Not happening.

>> No.54026744 [DELETED] 

>>54026729
Fuck that's right people were talking about that months ago

>> No.54026748 [DELETED] 
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>>54023857
/cm/ standing by
going to slurp the bottom and buy myself a top later

>> No.54026757 [DELETED] 

>>54026723
97% of accounts losing money
>This isn't bad news overvall.
>In a company that serves half of all venture-backed US companies
hahahahahahahahahahahaha.

>> No.54026769 [DELETED] 
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54026769

Why didn't you just Follow the Smart Money™?

>> No.54026772 [DELETED] 

>>54026743
Did I fucking say it was? Holy shit I hate sharing the autistic speech therapy board with you fucks

>> No.54026782 [DELETED] 

>>54026757
these people are delusional

>> No.54026785 [DELETED] 
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>>54023857
/g/ I'm already on 100% cash

>> No.54026786 [DELETED] 
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>>54026676
The Federal Reserve

>> No.54026794 [DELETED] 

>>54024072
This post is very representative of the iq of this board these days.

>> No.54026799 [DELETED] 

>>54026772
it's not gonna crash, anon.
And I understood perfectly well what you WISH you could've said.

>> No.54026809 [DELETED] 
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>>54026743
>You wish so hard for banking collapse, just as you wished hard for hyperinflation. Guess what? Not happening.

>> No.54026819 [DELETED] 

>>54026703
How did Baal got associated with Satanism? In ancient Egypt Baal was god of fertility and weather,

>> No.54026829 [DELETED] 

Is it happening?

>> No.54026835 [DELETED] 

>>54026799
Not going to crash? It already fucking has you monkey brained retard, it has been fucking SEIZED BECAUSE IT CRASHED.

>> No.54026841 [DELETED] 

I've never even heard of this bank. What does that mean for my understanding of the situation?

>> No.54026851 [DELETED] 
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54026851

uh oh. CEObros???

>> No.54026865 [DELETED] 

>>54026835
nah, it won't spread.
>>54026841
In this specific situtation it means it's not an important bank.

>> No.54026871 [DELETED] 

>>54026851
>HELOCs
Oh boy here we fucking go.

>> No.54026875 [DELETED] 
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54026875

>>54026851
> personal mortgages
> home equity lines
> for hundreds of thousands of people who just missed their payroll
Holy fuck. The housing crash is actually here.

>> No.54026880 [DELETED] 

>>54026786
heh

>> No.54026882 [DELETED] 

>>54026865
Won't? It already has, do you know how many fucking businesses there are that already cannot pay their fucking staff?

>> No.54026884 [DELETED] 

>>54026865
damn, there's a literal silicon valley employee in this thread right now

>> No.54026888 [DELETED] 

They better not get a fucking bail out. Retards went long on 10Y bonds at 1.6%

>> No.54026890 [DELETED] 

>>54026819
Diablo 2.

>> No.54026891 [DELETED] 
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54026891

>>54023857
/g/ reporting in. Is this 2008 all over again?

>> No.54026896 [DELETED] 

>>54026884
This

>> No.54026905 [DELETED] 

>>54026786
I fucking wish

>> No.54026908 [DELETED] 

>>54026891
possibly

>> No.54026912 [DELETED] 

>>54026891
It's of a similar scale, and it's starting with the techbros of Silicon Valley instead of random negroes with subprime mortgages.

>> No.54026917 [DELETED] 

>>54026891
it's 2023, time goes forward and doesn't loop retard

>> No.54026918 [DELETED] 

>>54026891
Nope. This is a total nothingburger. Anyone who thinks this is going to result in anything serious is a Trumpist stooge.

>> No.54026921 [DELETED] 

>>54026829
Yep. Our suffering is almost over.

>> No.54026928 [DELETED] 

>>54026891
>implying /biz/ (/pol/-lite) happ000000ning tards know anything
lmao. There's literally 0 people here who took their own money out of their own banks.

>> No.54026945 [DELETED] 

Kek just imagine if they do a bail in.

>> No.54026948 [DELETED] 

I can never know the exact scale of an event on 4chan because fucking everyone is trying their hardest to out doompost the other.

>> No.54026966 [DELETED] 

>>54026865
I skimmed the SVB wiki page and it seems important. Lending to high net worth individuals and Silicon Valley tech companies? If I'm not mistaken, SV is responsible for a lot of America's economic power. Therefore, if SV gets proper fucked by this, won't America as well?

>> No.54026970 [DELETED] 

>>54026875
It has been a bubble for a while now. California in particular has needed one for a while. The problem (this is more CA specific) is the housing shortage on top of that. It doesn't really make sense to have a crash when housing is in such high demand. I'm not particularly smart so I don't know what exactly that looks like.
>>54026891
Monday and the coming week will be a bigger tell of what is to come.

>> No.54026994 [DELETED] 

>>54026882
There are zero. Companies not only keep their money in different banks, but they also have access to payroll loans. They'll be fine.

>> No.54027018 [DELETED] 
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54027018

/pmg/ reporting in, smug and cozy as usual.

>> No.54027039 [DELETED] 

>>54026994
Even if what you say is true, which it isn't, major payroll services that a lot of tech startups use to pay their employees have everything tied up in Silicon Valley Bank...

>> No.54027060 [DELETED] 

if it's another 2008 then does that mean that another bitcoin-like project will be released in about 1 year?

>> No.54027063 [DELETED] 

>>54026948
Honestly you're doing it wrong if you aren't joining in. This isn't the place to come for news.

>> No.54027066 [DELETED] 

Is this in the real world
Or
Are we still running a simulation?

>> No.54027074 [DELETED] 

>>54026948
This is probably like a 2 or 3 on a scale of 1-10, it's bad but not that bad. A few tech companies that are pretty large (most you haven't heard of) will go under.

>> No.54027082 [DELETED] 
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>>54023857
/vt/ says hi again

>> No.54027088 [DELETED] 

>>54027018
Yeah bro, let us know when you start paying for things with gold shavings or sell your PM's for USD and put it back into a bank.

>> No.54027099 [DELETED] 

>>54026966
Checked
The tech bubble existed specifically because we deferred the crash in 2008
Without 0% interest rates and offramp government subsidies, almost every tech company would have gone bankrupt by now, or more likely would never had existed

>> No.54027104 [DELETED] 
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>>54023757
this time of year seems fit for happenings the past 4 years

>> No.54027107 [DELETED] 

>>54026966
>SV is responsible for a lot of America's economic power
You underestimate American's economic power if you think that.
Tech companies and PoT (people of tech) may suffer a bit in the short term, but the rest of the financial industry will take up the pieces quickly enough. No company will fail because of this.
150 billion is not that much money for the American financial system.

>> No.54027123 [DELETED] 

>>54027074
This depends entirely on there not being a domino effect. These banks are all incestuously interlinked and a major one going down could pull down many others. And because this is happening on a Friday, we won't even know until Monday.

>> No.54027143 [DELETED] 
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>>54027099
wait until /biz/ finds out the same is true for fake internet money

>> No.54027148 [DELETED] 

>>54027039
>lot of tech startups everything tied up in Silicon Valley Bank...
I'm afraid not.

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>>54026918
>a Trumpist stooge
nice buzzword bingo!

>> No.54027175 [DELETED] 

>>54027148
>purposefully misquoting
Why even bother, rabbi?

>> No.54027188 [DELETED] 

>>54026841
Okay.
>So this bank was responsible for nearly half of all Tech start ups lending
>47% of all Biomedical IPOs
This isn't the issue yet we are unraveling that.

See American had been running on "free money" for the last 13 year you wanted money from bank at low interest you got it easy. Then 2020 happened and we printed A LOT of money to make super free money, PCP loans, and bail outs to survive the shut downs.

Suddenly the Federal Reserve realizing very late there is an inflation spiral begins raising rates fast. Fastest rate hikes since the 80s when the rates hit 20%. The intent is to slow down lending which slows inflation.

Why does this matter because it meant banks can't get free money. If they need to borrow money then the bank needs to pay with interest and this hurts the banks. SVB was handing out a lot of risky loans and well when the Tech Start Ups failed the loans stopped being repayed. Causing SVB to take on debt to sustain itself.

Now why is this a big deal well SVB was the 15th I think largest bank in the US on top of that several companies banked with them meaning when the bank failed those multi million dollar accounts turned into .25 million dollar pity checks. Finally when a bank fails it stresses the banks that lended to keep them a float sort of working through the banking system like a virus actually called a contagion.

But now the fun part see SVB had across the board A ratings meaning the entire system used to rate the banks safety, your moneys safety is under scrutiny sending panic and becoming the catalyst for bank runs which could break other banks as they DO NOT have your money on hand. Also there have already been video of people getting arrested for wanting their money.

Have some /tv/ kino explaining what happens.
https://www.youtube.com/watch?v=lbwjS9iJ2Sw

>> No.54027197 [DELETED] 

>>54027148
Rippling is just one example of a payroll firm that got caught up in this mess

>> No.54027199 [DELETED] 

>>54027074
more details on who is apparently affected by this, as per wikipedia

>Following the news, several venture capitalist firms including Founders Fund, Coatue Management, and Union Square Ventures advised their portfolio companies to withdraw their money out of SVB

Founders Fund
>Founders Fund had more than $11 billion in aggregate capital under management as of 2022
>The firm's investments include Airbnb, DeepMind, Lyft, Facebook, Flexport, Palantir Technologies, SpaceX, Spotify, Stripe, Wish, Neuralink, Nubank, and Twilio.[17]

Coatue Management
>Assets under Management: $70 billion
>notable investments include: Airtable, Ant Financial, Anaplan, ByteDance, Chime, Dapper Labs, Databricks, DoorDash, Instacart, Meituan, OpenSea, Snap Inc., SoFi, Spotify, Abacus.AI

Union Square Ventures
>The firm has backed more than 130 startups, including Twitter, Etsy, Stripe, Coinbase, Zynga, Tumblr, Stack Overflow, Meetup, Kickstarter, MongoDB, Flurry, and Carta.[1]

>> No.54027226 [DELETED] 
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If svb took a shit, and the tech bubble popped, does that mean we are going to see fields of pink wojaks on monday as crypto will freefall harder than ever before for being... tech?

>> No.54027230 [DELETED] 
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>>54026948
FTX imploding wasn't as big as this though FTX was probably more spectacular in its absurdity.

>> No.54027247 [DELETED] 

>>54027175
Anon, saying the payroll system is the important thing in all that is even more stupid. They'll just pick another bank on Monday.

>> No.54027251 [DELETED] 

>>54027104
>emissions control lamp
I laughed because for a second I thought it was low on gas but I don't even know wtf kind of faggot car cares about le emissions, I've never seen this.

>> No.54027257 [DELETED] 

>>54027226
Crypto doesn't fall until traditional collateral sources completely evaporate. How close we are to that moment is anyone's guess.

>> No.54027263 [DELETED] 
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>>54024887
impressive. very nice. now let's see the Riga sprats.

>> No.54027269 [DELETED] 
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>>54023757
AWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW

>> No.54027270 [DELETED] 
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>>54026918

>> No.54027272 [DELETED] 
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>JPM calls large SVB depositors to tell them to run from SVB
>$45 billion bankrun overnight
>FDIC now likely to sell SVB to JPMorgan

JPMorgan ordered a killshot on SVB just like they did with Washington Mutual in 08.
They'll get billions in SVB assets for pennies on the dollar. How is this legal?

>> No.54027293 [DELETED] 
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54027293

Ah fuck me I haven’t cashed my check from these cocksuckers yet.

>> No.54027308 [DELETED] 

It's going to be like 2008 all over again. BUY when the banks are CHEAP.
BUY GOLD AND SILVER. BUY PROPERTY.

>> No.54027319 [DELETED] 

>>54023757
Omg the FDIC WORKS! Red wojaks btfo. I love the federal government, new American century let’s goooooo! Listen to Peter Zeihan, the guy knows his shit.

>> No.54027321 [DELETED] 
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>>54024080
The only safe hedge in this scenario is GME.
WAGMI
https://youtu.be/2LE0KpcP05I

>> No.54027324 [DELETED] 

>>54027197
>some stupid startup that does the job of the HR deparment for them
come on...

>> No.54027337 [DELETED] 

>>54027272
>FDIC now likely to sell SVB to JPMorgan
There isnt really any evidence of that yet.

>> No.54027342 [DELETED] 

>>54027293
DO NOT REDEEM

>> No.54027348 [DELETED] 
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SVB is not a real bank
We purposefully financed it wrong, as a joke.

>> No.54027369 [DELETED] 
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>>54027251
Its the check engine light for WV golfs, anyway sign your in to piss away a lot of cash

>> No.54027370 [DELETED] 

>>54027143
imagine simping for fake goverment money

>> No.54027371 [DELETED] 

>>54024282
The lightning will stuff them again

>> No.54027379 [DELETED] 

>>54027324
I agree, it is stupid, but that's exactly what they do

>> No.54027388 [DELETED] 
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>>54027319
Hello yes. FDIC! I need my 200 million moved out of SVB immediately!
$250,000 is all I was insured for... but I had 200 million how will I pay my employees and business expenses...
Why are you laughing?
No I will not hold.
Okay I'll wait...

>> No.54027401 [DELETED] 

>>54023757
I'M TO YOUNG TO FACE A SYSTEMATIC BANKING COLLAPSE

>> No.54027417 [DELETED] 

>>54026085
A lot of these tech companies are not as smart as you think they are.

>> No.54027437 [DELETED] 
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henlo
what is USDC and why is it depegging?

>> No.54027440 [DELETED] 
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>>54027370

>> No.54027449 [DELETED] 

>>54027401
Being young is a benefit the best things in this situation is to be young because you can work out of it. Imagine being a boomer and not recognizing how bad this is and your retirement is now getting destroyed because you didn't switch it over to a low risk fund.

>>54026085
HAHAHAHAHAAHAHAHAHAHAHA! OH BOY are you a tourist from another board? Because you have no idea how bad this shit is.

>> No.54027457 [DELETED] 

>>54027417
retard

>> No.54027467 [DELETED] 

THE US GOVERNMENT NEEDS TO BAIL OUT SVB RIGHT FUCKING NOW.
>b-b-b-but MUH TAX DOLLARS
IF YOU DONT BAIL THEM OUT YOU WILL PAY FOR IT REGARDLESS IN HIGHER PRICES FOR EVERYTHING TECHNOLOGY RELATED

>> No.54027482 [DELETED] 

>>54027107
>No company will fail because of this.
not even my biotech fish farming startup?

>> No.54027495 [DELETED] 
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>>54023788
This.
>>54023789
No.
>Meme bank didn't hold enough customer deposits
Wow! Fractional banking. How does it work?

>> No.54027500 [DELETED] 

>>54023757
What does this have to do with crypto?
All fields frens

>> No.54027507 [DELETED] 
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/pol/ here. accelerate.

>> No.54027513 [DELETED] 

>>54027467
Pffft. The US government doesn't bail out banks. The Federal Reserve does and they are committed to beating inflation which means there will be no bail outs. It's not 08 these are the sins of 08 coming to haunt us.

>> No.54027517 [DELETED] 

>>54027467
This. It won't even be your tax dollars that pay for it. Let Bill Gates foot the bill.

>> No.54027519 [DELETED] 
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54027519

good thing i have all my money in TCGs

>> No.54027518 [DELETED] 

/out/ here my lake is full of bass and catfish will this affect me?

>> No.54027520 [DELETED] 
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Who could have seen this coming??

>> No.54027525 [DELETED] 
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>>54027440
did i make you upset anon?

>> No.54027529 [DELETED] 

>>54027513
>they are committed to beating inflation
by printing money?

>> No.54027532 [DELETED] 

>>54023789
IT JUST DID AND STILL DOES, OK?!

>> No.54027536 [DELETED] 

>>54024731
Godskin Noble

>> No.54027539 [DELETED] 

>>54027518
Worm prices are going to go through the roof. Dig while you can.

>> No.54027551 [DELETED] 
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>>54027525
never

>> No.54027589 [DELETED] 
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Should I pull my savings out of the bank?

>> No.54027591 [DELETED] 
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>>54027539

>> No.54027605 [DELETED] 
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>>54027495
>Wow! Fractional banking. How does it work?
Fractional reserve banking was suspended during the pandemic and still is. We're in Italian bench market mode right now.

>> No.54027606 [DELETED] 
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>>54023757
You startup babbies are fucked

>> No.54027627 [DELETED] 

>>54027529
the fed is not printing money at the moment

>> No.54027661 [DELETED] 

>>54027401
You misspelled semite

>> No.54027667 [DELETED] 

>>54027519
finally, my boxes of 2018 bullshit will be worth more than $140

>> No.54027671 [DELETED] 
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54027671

It took 2 days for Charles Schwab to lose 2 years worth of growth.

>> No.54027677 [DELETED] 

>>54027388
https://youtu.be/3UDH5WwgsEI

>> No.54027693 [DELETED] 

>>54026085
>Uber
>smart

>> No.54027694 [DELETED] 

>>54027457
>increasingly nervous bull sweating as he stands at the precipice

>> No.54027695 [DELETED] 

>>54027308
MBS were part of their assets. This will cascade into property obviously.

>> No.54027701 [DELETED] 

>>54027671
ok, that's a bit concerning

>> No.54027703 [DELETED] 

>>54027591
I should go to church

>> No.54027716 [DELETED] 
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>>54024217
Like a Dave Chappelle Sketch, clown world needs to stop soon

>> No.54027720 [DELETED] 
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>>54023857
/trash/ reporting in, holding cash
What the did the hooknoses do this time?

>> No.54027727 [DELETED] 

>>54027449
i'm only 26 with a average salary of 50k/ year salary

and 5k of credit card debt. its over anon.

unironically, my boomer father will get through with this. He isn't over leveraged and invest in business that practically run themselves like laundromats

>> No.54027738 [DELETED] 

>>54027495
>Wow! Fractional banking. How does it work?

it doesnt

>> No.54027745 [DELETED] 
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>>54027529
Oh boy.

The current FED is trying to limit money printing and has rose rates at a speed not seen since the 80s. This is a repercussion of the money printing this same FED did. The issue is raising rates hurts banks, which in turn hurts business, which hurts consumer spending which lowers inflation.

See this man. Jews fear this man more then Hitler because he did something they still wet themselves over. It's time you learned about the 80's and the Volcker shock.

>> No.54027787 [DELETED] 

>>54027727
>only 5k of credit card debt
Just pay it off lol. What are your investment allocations you have a salary so I know you have a 401k.

>>54027720
The usual gooning is tax free for now. Don't keep your money locked up in banks for a while.

>> No.54027808 [DELETED] 

>>54027606
My startup is in the recruitment market, we just contracted a 200k bank credit aswell as 125k public founding. If the employment market crashes we're so fucked, thank god I didn't contract anything with personal liability lol

>> No.54027810 [DELETED] 
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>>54024217
Wow. Diversity hires. How could this go wrong?

>> No.54027814 [DELETED] 
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>>54024711
>make money
>take money out of bank
>golem stops you on the route
>hey sir do you have any money on you
>yee.. yes sir
>how much
>50k but it's to do.. home improvements
>sorry sir you can't take more than 10k in cash and you may be a terrorist this limit has not been updated since 1970 when a house was 15k usd but that's not my problem
>money seized
>us government bypasses constitution by doing a trial against the money instead of you
>us gov vs 50k usd cash
>mfw

>> No.54027829 [DELETED] 
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>>54023857
/mlp/ here shidding and farding like usual

>> No.54027843 [DELETED] 

>>54027188
>Why does this matter because it meant banks can't get free money. If they need to borrow money then the bank needs to pay with interest and this hurts the banks. SVB was handing out a lot of risky loans and well when the Tech Start Ups failed the loans stopped being repayed. Causing SVB to take on debt to sustain itself.
interesting. How risky were these loans, exactly?

>> No.54027867 [DELETED] 

>>54026769
What the fuck they are two separate people?

>> No.54027872 [DELETED] 

>>54027843
They're bankrupt

>> No.54027873 [DELETED] 

>>54024080
https://www.youtube.com/watch?v=RUZHtlysIBg

>> No.54027876 [DELETED] 
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>>54023757
Monday is going to be fun.

>> No.54027879 [DELETED] 

I'm a retard swedish neet and I'm only here for the happening
what does this mean?

>> No.54027881 [DELETED] 

>>54027843
They would probably fund things like Juicero and Smalt

>> No.54027886 [DELETED] 
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>/biz/ sticky
RARE

>> No.54027887 [DELETED] 

>>54027694
ok retard

>> No.54027891 [DELETED] 
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>tfw MOASS

>> No.54027906 [DELETED] 
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>>54027886
Not as rare as you may think, also fuck the janny that put "the end of evangelion" song as the board background music during march 2020

>> No.54027915 [DELETED] 
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>>54023857
/o/ reporting

>> No.54027925 [DELETED] 

>>54027507
RULES OF NATURE

>> No.54027936 [DELETED] 

Would be hilarious of Biden cancel FDIC insurance for non niggers and non women.

>> No.54027937 [DELETED] 
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>>54026890
>tfw hell baal drops tyreal's

>> No.54027942 [DELETED] 
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>>54023857
/ck/ here! time to oil up

>> No.54027951 [DELETED] 

>>54027677
truly comfy music to listen to while all my savings evaporate into nothingness

>> No.54027958 [DELETED] 

>>54027879
Bank runs have begun

>> No.54027965 [DELETED] 

>>54027936
go back to /pol/

>> No.54027981 [DELETED] 

>>54027787
no retirement in anyway. i just liquidated my 30k portfolio it so our family could have several nest egg when interest rates were near 0%

2 business and 2 house.

all the while while paying for a masters degree

hard assets mean nothing to complete banking failure

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>>54027369
I have always loved VW Golfs, and just yesterday someone told me they're costly. I didn't even know. Now you're telling me this.
Do they really suck?
I don't want to tell you what I drive because it's a '22 Hyundai

>> No.54028029 [DELETED] 
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>>54023857
/vg/ /funkg/ reportan

>> No.54028033 [DELETED] 
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>>54027965
Shut the fuck up, shill.

>> No.54028038 [DELETED] 

>>54027965
Corrupt US government policy towards banking is why we're even having this conversation. The membranes between the worlds of /biz/ and /pol/ have worn thin with auspicious stars. Tonight, we are one board.

>> No.54028046 [DELETED] 

>>54023757
I had a friend who had tons of puts on this. Is he rich now or do they expire?

>> No.54028049 [DELETED] 

>>54027965
Oooo, testy, huh? Are you some tech fag watching the modern Sodom and Gomorrah explode in an inferno?

>> No.54028060 [DELETED] 

>>54027936
Don't give him any ideas. You just KNOW one of his staffers has already brought this idea up to him within the past 24 hours.

>> No.54028062 [DELETED] 
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>>54023857
/o/tist reporting in

>> No.54028070 [DELETED] 

Just got an email from management that my company and all of our clients have accounts here
Its fucking over

>> No.54028083 [DELETED] 

>>54027251
I've an oxygen sensor fault engline light for nearly 3 years
couldn't give a fuck
fuck emissions filters

>> No.54028086 [DELETED] 

>>54028033
>>54028049
How do you fall for bait this shitty?

>> No.54028105 [DELETED] 
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>>54025274
Like another anon said: metals.

>> No.54028111 [DELETED] 

>>54023857
/o/ here, lamenting that i'll never be able to buy my dream car

>> No.54028127 [DELETED] 

>>54023757
old fart who watched the 2008 crash live over months; ama

>>54027876
maybe. It's the crisis of confidence which sets things off. With this bank gone, other banks are now rethinking their risk; and if there are any mutual clients who relied on debt to stay afloat; they'll find themselves getting capital calls from multiple banks at once. Meanwhile; this will also freeze up credit lines between banks; which caused a whole new world of problem in 2008

>>54027745
No, it's more like... the fed is trying to get his friend of cocaine, and the friend keeps saying "if I can't have more I'll die"

>>54027513
the bigger problem is that the artificially low rates have prevented the nation from making up the money borrowed during the last crash. So instead of a bazooka in his pocket; they've got nothing.

>>54027500
there's an old phrase which says "you can't cheat an honest man". In practical terms, that means the best suckers are those who go in thinking they're going to cheat everyone else.

>>54027308
not gold and silver; but yes on property (if/when the price collapses, especially commercial), and probably yes on the better bank stocks. Sitting on cash right now is not bad either, in spite of what most will say.

>> No.54028134 [DELETED] 
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are people with savings/checkings in top 5 commercial banks fucked? what about credit unions? can someone hold my hand?

>> No.54028147 [DELETED] 

4Chan is so quick to overblow things lol. Nothing's gonna happen. How many happenings can there be that never "happen" for you dummies to get it.

>> No.54028161 [DELETED] 

>>54028086
How do you know it’s bait? Some anons genuinely want containment boards.

>> No.54028168 [DELETED] 

>>54027843
Loans to tech start ups?
>Approximately 90% of startups will fail.
Very risky. Basically if I did a Tech Start Up took out a loan blew the money on dumb shit like diversity hires, advertising, and paying myself and I declare bankruptcy on the Start Up while making 0 or worse negative profit (basically taking out more loans to keep the company afloat... this happened A LOT) then the bank is at a lose on the loan meaning the bank lost the money people who deposit their money into the bank gave them. Now USUALLY this is not a problem because the bank can take a loan from another bank to cover themselves. The issue is SVB failed meaning they couldn't pay back the money they borrowed and they couldn't pay back the people who deposit money. This is where the problem begins because for you and me who probably don't keep all their wealth or have enough wealth to worry about this is annoying but we won't get hurt since FDIC covers the cost... the issue is all accounts over the $250,000 coverage are fucked beyond belief.

Say you have 1 million you only get 25% of your money.
Say you have 10 million you will only recoup 2.5% of your account.
Say you have 100 million you will only get .25% of the total account back.

So it is a real fucking problem when payrolls and multi million dollar companies have their funds evaporate with no idea if they will ever get them back. And the only way to get them back is more loans from banks to other banks.

>> No.54028171 [DELETED] 
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54028171

you ok Ameribros?

>> No.54028175 [DELETED] 
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>>54023857
/co/ reporting, been posting twitter screenshots

>> No.54028184 [DELETED] 

>>54023857
/fit/ reporting. I'm about to start milking women as a free alternative to whey if this shit goes down

>> No.54028191 [DELETED] 

>>54023757
BOOMERS AND OLDFAGS

PLEASE

with your infinite wisdom to a humble zoomer:

"how do weather this storm"

>inb4 you say christ

>> No.54028196 [DELETED] 
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>>54027965
Hmm, I am beginning to notice a pattern...

>> No.54028197 [DELETED] 
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>>54028147

haha ok

>> No.54028202 [DELETED] 

>sticky thread is 4 hours old
>only 600 replies
kek

>> No.54028203 [DELETED] 

>>54028191
Dried black beans, rice, canned sardines, and a solar panel with an induction heater to cook on.

>> No.54028212 [DELETED] 

>>54028196
those are some fake ass names

>> No.54028213 [DELETED] 

>>54028191
kill yourself you had 3 years to accoomulate
t. highest iq zoomer

>> No.54028229 [DELETED] 

>>54028191
Invest in Total Market ETFs, Precious Metal probably and bonds. Also >>54028203 BEENZ and DEENZ are a strong investment strategy.

>> No.54028230 [DELETED] 

>>54028171
No, and neither are you. Our funny money undergirds this whole stupid system.

>> No.54028231 [DELETED] 

>>54028196
3>1>4>2

>> No.54028239 [DELETED] 

>>54028184
smart lad
now drop and give me 20.

>> No.54028250 [DELETED] 
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>>54028212
It was common for eastern European immigrants to change their names when they came to the US.

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>>54028203
>a solar panel with an induction heater to cook on
fuck that. get one of picrel.

>> No.54028273 [DELETED] 

>>54028260
How are you gonna refill it, genius? Solar panel and a car battery will work for years.

>> No.54028281 [DELETED] 

>>54028273
BOIL BROS WE GOT A CHANCE!

>> No.54028283 [DELETED] 

>>54024007
Can't keep blaming boomers, anon. This is unfortunately a millenial/zoomer issue. So much dogshit in the economy right now due to dogshit trends supported by dogshit kids and young adults. Boomers have absolutely no clue what the fuck is going on.

>> No.54028290 [DELETED] 

You guys know how to grow your own food, right?

>> No.54028292 [DELETED] 

>>54028273
call up the company? Good luck running an induction cooker from a car battery and a solar panel.

>> No.54028303 [DELETED] 

>>54024908
they will say they are taxing themselves 99% or some shit
nobody will actually see that money

>> No.54028311 [DELETED] 

>>54028283
No Boomers are VERY VERY responsible for this as well.

>> No.54028314 [DELETED] 
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>>54023757
https://www.twitter.com/benmullin/status/1634373707727601664?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54028317 [DELETED] 

>>54028191
The Three B's

Bullets
Beans
Bullion

Stay safe, shoot straight, don't let them disarm you.

>> No.54028337 [DELETED] 
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>>54023857

i may be armed as a /k/ommando but i really don't want to take someone life

people forgot how bad katrina got WITH the niggers imagine if its nationwide

I remember hearing my much older brother walking armed with shotgun

>> No.54028340 [DELETED] 

>>54028283
The boomers made the school system shitty and mortgaged our future when they let investment banks off the hook for making illegal securities arrangements. Who tf makes up congress, the senate and the white house? Silent gen an boomers, simple as.

>> No.54028343 [DELETED] 

so what do I buy to take advantage of this

>> No.54028349 [DELETED] 
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>>54028311
Maybe the whitehats pulled this off?

>> No.54028355 [DELETED] 
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>>54023857
/pol/ reporting

>> No.54028359 [DELETED] 
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A shit ton of funded companies use SVB as their only bank account. They were known as a mainstay, and a pretty conservative bank, actually. They took on too many deposits in last 3 years and didn't manage risk.

Now, a ton of small companies can't run payroll and will vaporize in the next month. Employees maybe can hold out 1 or 2 paychecks, but that's gonna be it. Going to be a glut of people on the market very soon.

>> No.54028361 [DELETED] 

>>54028343
Chainlink

>> No.54028373 [DELETED] 

>>54028283
Who's got all the money right now, and thus all the power, anon? It ain't millenials, not even the richest among us, by any credible metric.

>> No.54028375 [DELETED] 

>>54028314
https://youtu.be/68eNX-u2nzg

>> No.54028376 [DELETED] 

>>54028343
puts on coinbase

>> No.54028378 [DELETED] 

>>54028317

as a australian, seeing americans face a crisis like this and the readiness to shoot one's neighbor imprints that americans are really savage and no better than the nigger they hate

>> No.54028397 [DELETED] 

>>54028229
>bonds
Literally why SVB got fucked. There's no point buying bonds if interest rates are due to continue increasing.

>> No.54028400 [DELETED] 

>>54028349
Listen it's Jews we know it is Jews. They have done this before... 11 times actually. The market will rebound in 5-15 years things will be good and then they will do it again.

>>54028378
Didn't you have a guy dress up in armour and start shooting at people.

>> No.54028418 [DELETED] 

>>54028292
>asked to provide means to survive collapse
>presumes infrastructure will still be operating
Bold strategy, cotton. Let's see how it works out for him.

Even a damn microwave would be better than betting it all on gas.

>> No.54028424 [DELETED] 

>>54027495
Has anyone ever tried to FOIA these videos?

>> No.54028430 [DELETED] 

>>54028378
>australian

Ok, Chang.

>> No.54028432 [DELETED] 

>>54028378
If you want to hear some real stories, check out what happened in a lot of places after the Soviet block fell. Your mileage might have varied, but true societal unpheaval is something that no society weathers politely.

>> No.54028434 [DELETED] 
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>>54028378
Yeah, and you better watch out if you know what’s good for you. This shit leads to WWIII and guess how important Australia and Indonesia/Papua New Guinea are in the western pacific…

>> No.54028454 [DELETED] 

>>54028397
I mean Treasury bonds not the same as what the Banks were using. High interest is good for bonds because it increases the pay out you receive when it matures.

>> No.54028458 [DELETED] 
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>>54023757
I've been waiting for this sticky for like 8 hours, where have you jannies been?

Anyways, whos ready for bank bail ins over the weekend?

>> No.54028461 [DELETED] 

>>54028418
one of those giant containers lasts me 3 months. there's no city gas here. So 4 of them would last a year. I have solar too, and induction. But a car battery is far from an ideal energy storage system, and one panel isn't enough. $400 of gas to last a year vs $1000s in batts and panels.

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the REAL question is why the FUCK did NO ONE fucking TELL ME this shit was going to HAPPEN so i could FUCKING SHORT THE HELL OUT OF THIS SHIT
why the FUCK was there NOT a SINGLE thread about THIS even though i LURK this shitty ass BOARD looking for EASY ways to make lots of MONEY for AT LEAST 10 hours per DAY

>> No.54028475 [DELETED] 
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>>54023757
https://www.twitter.com/elonmusk/status/1634374859043270678?s=46&t=lKHZFTG8lQ5RGYKBtNNSpA

>> No.54028476 [DELETED] 

>>54028378
>as a australian
stop reading there

>> No.54028492 [DELETED] 
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54028492

it's impacting larger companies too like Roku which I didn't expect. They have 487 million locked up with SVB, 26% of their cash.

https://www.cnbc.com/2023/03/10/roku-says-26percent-cash-reserves-stuck-in-silicon-valley-bank.html

>> No.54028494 [DELETED] 

>>54023799
very mesmerizing

>> No.54028502 [DELETED] 

>>54028471
Because everyone on modern 2023 /biz/ is gatekeepish about their actual good knowledge and only shares fud

>> No.54028510 [DELETED] 
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>>54023857
/pol reporting

>> No.54028512 [DELETED] 

>>54028471
It was on Smg for the past week or so, numbnuts.

>> No.54028523 [DELETED] 

>>54028378
go fuck your dingo you faggot. Australians are always shitposters.

>> No.54028534 [DELETED] 

>>54028492
Roku is fucked now

>> No.54028536 [DELETED] 
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54028536

>tfw work for a company that rode out the 2008 recession without a single layoff

Sounds like a whole lotta not my problem

>> No.54028537 [DELETED] 

>>54028378
you "people" literally allowed your government to put you in internment camps over the flu

>> No.54028544 [DELETED] 

>>54028458
Die for Israel no thanks

>> No.54028546 [DELETED] 

>>54023799
American acrobats are really something.

>> No.54028550 [DELETED] 

>>54028471
It was known as the most shorted stock in the world... where were you?

>>54028475
Elon won't do shit he is trolling.

>>54028492
>487 million
Sorry Roku but you are only covered for 250 thousand... no sir you will not be able to redeem.

>>54028510
We know get in we are trying to figure out how to profit off of this.

>> No.54028560 [DELETED] 
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54028560

whoops

>> No.54028562 [DELETED] 

>>54028537
Their children were dragged kicking and screaming from their arms and they shrugged

>> No.54028572 [DELETED] 

Nothing will happen anyway

Some tech retards got BTFO

Oh well moving on

>> No.54028578 [DELETED] 

>>54023799
Now do you sticks understand this is the power of Americans.

>> No.54028587 [DELETED] 
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>>54028560

>> No.54028589 [DELETED] 

>>54028454
Again same problem, if the interest rate is due to increase the value of the bond which is fixed at issument decreases, especially for treasuries, as it's then more preferable to buy bonds issued at higher rates. Only time bonds are a good asset is when rates stay stable or have little variance.

>> No.54028594 [DELETED] 

>>54023875
No.
>>54028560

>> No.54028596 [DELETED] 

bump

>> No.54028599 [DELETED] 
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>>54023857
/v/ reporting in

>> No.54028615 [DELETED] 

>>54028134
I read an effort post somewhere that convinced me that the credit unions are even more liable to lose the money than traditional banking institutions. This was months ago. I’ve only retained the sentiment and not the particulars.

>> No.54028616 [DELETED] 

>>54028589
Sounds bullish for bonds.

>> No.54028617 [DELETED] 

>>54028378
I'm really glad you're becoming a Chinese puppet like your neighbor New Zealand.

>> No.54028632 [DELETED] 

ok so come monday how do i make money off this?

>> No.54028638 [DELETED] 
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54028638

so... What should I do now?

>> No.54028645 [DELETED] 

>make bank that exclusively gives money to tech companies
>put all deposited money in a money market account that tracks tech companies
who decided this was a good idea

>> No.54028643 [DELETED] 
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>>54023857
>ALL BOARDS, REPORT IN
/k/ LEADER STANDING BY

BANK RUN LETS GOOOOOOOOOOOOOO

>> No.54028644 [DELETED] 

>>54028202
Crypto dumped so bag holders are living ina cabin for a few days before checking their portfolios

>> No.54028647 [DELETED] 

>>54028560
is there a way to know which startups kept most of their cash there, and which were only "involved" with the bank to the extent of a few forgotten million in an old, unimportant (to them) account?

>> No.54028663 [DELETED] 
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>>54023857
/a/ reporting

>> No.54028667 [DELETED] 

>>54028550
Make sure your gains aren't in fiat or digital currency I recommend land guns ammo and canned goods if this goes full send which is the plan (usher in New digital currency 24/7 tracking and real time remote asset seizure) money won't mean much. Land food and means of defense will be top investments bullets will be easier tools of trade than money. That's probably a big far out though in the meanwhile I would start shorting and hope the gains outpace the inflation and there is a bank to hold them that is trustworthy personally I wouldn't trust any aspect of the financial system this is just the beginning China has plans and the new currency brics nations are rolling out is backed by oil and gold rather than e-iou's

>> No.54028671 [DELETED] 

>>54024217
I'm black, and this is worrisome. Gonna need at least one white man of Anglo-Germanic descent in there to calm my fears.

>> No.54028674 [DELETED] 

>>54026917
lol
Lmao even

>> No.54028685 [DELETED] 

>>54028616
It's not, if you want to buy bonds or treasuries buy them when the Fed clearly states they're holding rates stable with the intention of easing them after a set period of time. Ie sometime 2025.

>> No.54028687 [DELETED] 

>>54028638
https://www.youtube.com/watch?v=O_3_-UrhZH0

>> No.54028699 [DELETED] 

>>54028544
Checked and duck man seems to agree.

>> No.54028705 [DELETED] 

>>54023857
/qst/ reader standing by

>> No.54028706 [DELETED] 

>>54028671
At a minimum a Latino. The point of diversity is to have people with different backgrounds and world views not.........?

>> No.54028707 [DELETED] 

They are exiting to buy in catgirl, Neuro Sama predicted it

>> No.54028709 [DELETED] 

>>54028647
If they even had cash. I'm sure a good percent of them have no cash, and are/were operating off the debt they were being provided by SVB.

So... you have the rich people and banker types putting in money to invest in the startups; and the startups sucking the money out on their new products.

Both will lose, but in different waves. For those startups not making profit already; they lose their operating capital pretty quick. For those who invested money; they will probably lose all; unless the money was isolated in some way.

At the same time, all of the startups left out in the cold will be looking for new debt issuers; with a bunch of startups flooding the market looking for money people probably won't want to loan.

>> No.54028722 [DELETED] 
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>>54023857
/k/ reporting in

>> No.54028726 [DELETED] 
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>>54023857
May the Peace be with you ; /x/ Here, on behalf of the Great Goddess of the Night.

Considering baking a ritual to make sure this parody of a financial system falls apart for good. Is it really necessary, though? I hate working for nothing...

>> No.54028727 [DELETED] 

>>54028647
Also, a naive question about FDIC: if SVB is bought by a bigger bank like JPMorgan, which some posts here have alluded to happening, what does that mean for the defunct bank accounts?

>> No.54028730 [DELETED] 

>>54025665
Well, well, well, I hope this centralized stablecoin doesn't make it out now.

>> No.54028734 [DELETED] 

>>54028722
sweet garand, love mine

>> No.54028764 [DELETED] 

>>54028727
JPM would bail them out and make those accounts whole if they did, all at cost to themselves if they did.

>> No.54028768 [DELETED] 

>>54028739
>i would just go back to melbourne and get a better degree
not if i shoot you first upside down abbo

>> No.54028779 [DELETED] 
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>>54028667
Best investment I made was in canning supplies so I could can my own food. Gonna start loading up on mason jars and lids again. Those fuckers always have a run when shit gets like this. Learn to can if you haven't it is such a stupidly useful skill.

>oh hey chicken is on sale for a steal but I can't eat it all at once
>can it whole, make canned soup

>oh shit a fruit or vegetable is on sale maybe someone I know grew to much
>can that shit

>> No.54028783 [DELETED] 

>>54028647
Ask me why, I don't know
thread theme (Verification not required.)
https://www.youtube.com/watch?v=VuZkdeU54o0

>> No.54028806 [DELETED] 

>>54024080
alternating between these two

https://www.youtube.com/watch?v=kwxIGe1oOJQ
https://www.youtube.com/watch?v=YY3ARtg2e08

>> No.54028832 [DELETED] 

>>54028779
based canning anon. what's the advantage to canning over just freezing stuff? lasts longer? I have probably a years worth of frozen deer in my chest freezer.

>> No.54028843 [DELETED] 

>>54024080
https://www.newgrounds.com/audio/listen/150189

>> No.54028859 [DELETED] 
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>>54023857
/vt/ here

>> No.54028868 [DELETED] 

>>54028832
You don't need to plug a mason jar into an outlet dumby.

>> No.54028878 [DELETED] 

>>54025368
>mfw roblox
i don't think you guys understand how many people literally make a living on that shit

>> No.54028880 [DELETED] 

>>54028832
>what's the advantage to canning over just freezing stuff?

In a true SHTF situation, the power will go out and your freezer is fucked. And even if it's only a recession, those big freezers eat up your electric bill, which will suck if your money situation is shitty

>> No.54028885 [DELETED] 

>>54028709
>At the same time, all of the startups left out in the cold will be looking for new debt issuers; with a bunch of startups flooding the market looking for money people probably won't want to loan.
Could this lead to a situation where the behemoths of Silicon Valley, essentially the FAANG companies, can vacuum up an entire market of dirt cheap startups and talent? Like a fire sale?

>> No.54028892 [DELETED] 
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>>54028283
>blaming this mess on brainless zoomers
The eternal boomer, nothing's ever your fault eh?

>> No.54028893 [DELETED] 

>>54028868
I have 10kW of solar. I don't care if the grid explodes.

>> No.54028896 [DELETED] 
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>>54023857
/vp/ reporting in

>Verification not required.

>> No.54028901 [DELETED] 

wtf fiatbros i thought the military solved this?!?

>> No.54028906 [DELETED] 
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54028906

Just buy this

>> No.54028911 [DELETED] 

>>54028885
Oh sure. Depending on how back things were at a given startup; they could probably buy them out with little more than a promise to keep the payroll checks coming

>> No.54028916 [DELETED] 

>>54023857
All over a nothingburger, buy signal

>> No.54028917 [DELETED] 

NEXT UP JP MORGAN DONT GO TO THE BANK ON MONDAY AND WITHDRAW ALL YOUR MONEY IN CASH SIRS PLEASE DO NOT REDEEEEEEEEEEEEEEEEEM

>> No.54028919 [DELETED] 

>>54028880
thought this would be the answer. thanks. might see about getting into canning. We have a ton of freeze dried food and regular store bought canned food. But we've got solar and a generator too. Grid is unstable af here anyway.

>> No.54028923 [DELETED] 

>>54023857
/gif/ here. Taking a break from cooming

>> No.54028941 [DELETED] 

>>54028893
Until nigs steal/break your solar panels. Mason jars are forever. I just bury them like meat and vegetable treasures.

>> No.54028940 [DELETED] 

This is what happens when you bet against GME.

>> No.54028984 [DELETED] 

>>54024618
>impressed by FMJs
I have armor piercing. It's not regulated, just expensive.

>> No.54028985 [DELETED] 

>>54028492
TOP KEK NO REFUNDS NO RUKU BOXY

>> No.54028996 [DELETED] 

>>54028038
Beautiful anon

>> No.54029008 [DELETED] 

Bong here, when will it affect me?

>> No.54029011 [DELETED] 
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jewboy is live

https://www.youtube.com/watch?v=HVfajf0A0fk

>> No.54029030 [DELETED] 
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WHERE THE FUCK AM I SUPPOSED TO KEEP MY MONEY

>> No.54029031 [DELETED] 
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>>54024282
>Just curious should leafs be concerned?
Yes. Trudeau finished selling off the last of Canada's gold reserves a few years ago so the Canadian government is in deep with no cover. If there is a global banking crisis and paper money fails Canada has nothing to turn back to. Best of luck bud.

https://www.investmentwatchblog.com/canada-canada-sells-its-goldunder-trudeau-bank-of-canada-has-only-77-ounces-of-gold/

>> No.54029038 [DELETED] 
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54029038

In before the Jews somehow win again.

>> No.54029043 [DELETED] 

>>54028919
Lasts longer, less at risk.

Also there are things like sauces, pickling, fermentation and so on that just work better with canning... finally mason jars are just an extremely useful thing to have around.

>> No.54029046 [DELETED] 

>>54028378
>readiness to shoot one's neighbor
The fuk you talking about? The tech bros affected are 10000x more likely to deal with this by taking off their Lululemmon Mens tights and asking their wives to peg them in the ass than shoot their neighbor. Its a very very calm area.

>> No.54029048 [DELETED] 
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Representing /pmg/

>> No.54029049 [DELETED] 

>>54023857
Put me in the screen cap.

>> No.54029054 [DELETED] 
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>>54023857
/pw/ reporting

>> No.54029069 [DELETED] 

>>54029008
did lehman brothers collapse affect the UK in 2008?
(the answer is yes britanon).

>> No.54029072 [DELETED] 

>>54029031
>in deep with no cover
lmao the retard thinks gold reserves cover you against anything
it's the canadian economy that covers itself

>> No.54029076 [DELETED] 

>>54028492
Oh no will my netflix and Peacock still work on my TV?

>> No.54029088 [DELETED] 

>>54029043
thanks, any good resources on learning to can, or just in the pressure cooker and cook for a bit?

>> No.54029087 [DELETED] 

>>54028779
You can fucking CAN chicken?! WTF WHY DIDN'T ANYONE TELL ME

>> No.54029093 [DELETED] 
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>>54024607

>> No.54029095 [DELETED] 
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>> No.54029097 [DELETED] 

>>54029030
lumber.

>> No.54029098 [DELETED] 

>>54024359
>biz is dead
its better this way, at least there are some quality discussions here now

>> No.54029100 [DELETED] 

>>54023799
Look how the gut is the center of gravity, jesus

>> No.54029118 [DELETED] 

The Federal Reserve will stop raising rates now that they realize the economy is more fragile than they thought.
They just popped the tech bubble and an entire bank, the second largest bank collapse in US history. JPow will realize that he has to stop double-jumping up the mountain and assess the terrain.
As a result, inflation will continue. Prices are going to get worse. Yes, most price inflation today is due to supply-side constraints, but the Fed was at least able to do something about consumer demand by raising rates.

>> No.54029126 [DELETED] 
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>>54023857
/SP/ HERE
LOOKS LIKE SVB IS GETTING BLOWN THE FUCK OUT BUT WE'LL SEE HOW THEY RESPOND COMING INTO THE SECOND HALF...

>> No.54029134 [DELETED] 

BEWARE THE IDES OF MARCH

>> No.54029138 [DELETED] 

>>54024400
Cramer's kiss of death strikes again.

>> No.54029153 [DELETED] 
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54029153

>sticky

>> No.54029156 [DELETED] 

Hi, is this a US only thing or will it spread?

>> No.54029160 [DELETED] 

>another tech bubble bursting
techtards BTFO. Maybe its time for these yuppy nerds to learn how to farm

>> No.54029164 [DELETED] 

>only 800 replies after 5 hours
biz is dead

>> No.54029171 [DELETED] 

Do a cash flow audit of your household expenses. At least 10% of each paycheck MUST go into your portfolio. Cut where you can and make it happen. Pursue a diverse, long-term 60/40 investment strategy. That's 60% securities (mutual funds and ETFs), 40% bonds, 0% crypto. Get a skill. Skilled labor is the best way to bargain for higher wages.

>> No.54029198 [DELETED] 

>>54029171
>globohomo financial system collapsing
buy ETFs guys.
kek.

>> No.54029199 [DELETED] 

Who lost more of other people's money, SVB or SBF?

>> No.54029207 [DELETED] 

>>54025741
Learn2Farm & Learn2Repair next

>> No.54029213 [DELETED] 

>>54029156
It's an Israel thing. Scared yet?

>> No.54029231 [DELETED] 

>>54029118
This will affect the world economy because the Russo-Ukrainian War in ongoing, the pero dollar still exists, and the USD is still the world reserve currency. If the USD inflates, the Eurodollar also inflates. Trade gets more costly in the rest of the world. Remember what happened to Sri Lanka and Pakistan last year? That ongoing cost-of-living crisis in the UK? Yeah, more of that.

>> No.54029232 [DELETED] 

Are we doomed or not?

>> No.54029273 [DELETED] 

>>54029207
>Learn2Repair
this one may not be so bad. i know like 5 people with broken dishwashers right now (including me)

>> No.54029281 [DELETED] 

>>54029030
mattress

>> No.54029291 [DELETED] 

>>54025687
kek, seething democlap

>> No.54029294 [DELETED] 

>>54029164
Maybe don’t pin a nothingburger like a retard?

>> No.54029300 [DELETED] 

>>54023857
/p/ here, about to take pictures of my stuff before selling it all on facebook marketplace

>> No.54029301 [DELETED] 
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>>54023857
/jp/ here, ready for shtf.

>> No.54029304 [DELETED] 
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54029304

1-9 and nothing substantial is happening

>> No.54029308 [DELETED] 

>>54029198
Definitely the collapse of neo-liberal fiscal policy. It'll take some more time, but we'll get there. No one knows what ideology will replace it and I don't think it even exists yet, but it will happen.

This is the tech bubble finally bursting. It's definitely significant, but it's not a full-blown financial collapse.

>> No.54029319 [DELETED] 
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>>54024618
Yes. In most states if you have $11,000 you can even buy a rifle capable of shooting down a helicopter. (Except in California of course.)

>> No.54029326 [DELETED] 
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54029326

I'm glad things turned out this way.

>> No.54029327 [DELETED] 

>>54029164
Because this is also being discussed in smg retard.

>> No.54029338 [DELETED] 
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>>54029088
The Ball Blue Book. It's basically the bible for canning. >>54029087 It also tells you how to can meat my edition mentions squirrel and rabbit as well as poultry like chicken and game birds. Also how to can stocks. Extremely useful also just good in practice since even if SHTF is not happening it is fun to can your own salsa or what ever and give it out as gifts.

Alright enough shilling Ball Mason jars.

>>54029156
The US Dollar is the Global Reserve currency. EVERYONE.

>> No.54029358 [DELETED] 

>>54029301
Must have been a brutal accident that put you in a coma for 4 years. The world ended in March 2020 and we're post-apocalyptic at the moment.

>> No.54029362 [DELETED] 
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bros, I'm a 24 yr old NEET heavily reliant on my sister's Data Entry money. How fucked am I?

>> No.54029374 [DELETED] 

>>54029338
thanks anon. will check it out. But going out for beers now, before the world ends kek. see ya

>> No.54029405 [DELETED] 

>>54029072
>lmao the retard thinks gold reserves cover you against anything
>it's the canadian economy that covers itself
Bless your heart, Leaf.

>> No.54029407 [DELETED] 

This is going to be very bad for the California economy and it will be an accelerant for the Calexodus.
Software engineers will start going to Pittsburgh and Houston to modernize US heavy industry.
Apps like 'Spotify but for dogs with anxiety' will be no more.

>> No.54029416 [DELETED] 

I know /biz/ is the worst board to ask for this kind of advice but is it a good strategy to buy a shitload of burger bonds now?

>> No.54029461 [DELETED] 

>>54029407
don't american states already export their problems like homelessness to each other?

what more than several codemonkeys

>> No.54029470 [DELETED] 

>>54029416
Yes. Inflation will get worse as the Fed eases off the rates pedal. They'll stop raising rates because this is now the second bubble they've popped in 6 months. US T and I bonds are traditionally good hedges against inflation.

>> No.54029476 [DELETED] 

>>54029362
interesting, i thought data entry was now all done by SE asians for 25 cents a day. I am surprised that you can make enough money doing it to support two people.

>> No.54029481 [DELETED] 

>>54029407
I heard in a thread that Pittsburgh metro has a population of 2m and is over 85% white.

How true is this and what are the financial implications of a whiteboi stronghold?

Is this the final frontier?

>> No.54029484 [DELETED] 

>>54029407
good!

>> No.54029493 [DELETED] 

>>54029126
I'm sorry, but did SVB already lose? Oh, that's right. The trimester isn't even over yet. In fact, it's only march. Does not having liquidity in march count as a loss? Is that what you're saying? Because if you're saying that I can assure you that you're wrong. Why would you make this topic when the money printer is still on? SVB is being insured right now and they have been the best lenders in the tech industry for how many years now? They're lending to some of the dumbest companies in silicon valley who just happened to do a bank run because they're feeding off the energy of a market panic in a friday Night. But you know what? Their hands are fucking weak. The SVB is one of the best fucking banks in the USA, they got 487mil from roku last year and would of raised enough capital if deposit holders didn't choke. Maybe you should shut the fuck up before you make retarded topics like this. You know why? Because you're going to be embarrassed when SVB gets bailed and someone bumps this topic. Oh look at that, the FDIC shut SVB down just when they needed a distraction to the debt ceiling issue, just like Obama did. Are you a fucking drunk? Are you retarded? Are you autistic? You are a fucking idiot and you should never make a topic on this board again and I'm fucking serious. I almost have a feeling you're the only guy making all these anti-SVB topics because you're a faggot hater who doesn't like the team because they're good. Fuck you, be good at something in YOUR life and then maybe try to troll these fucking banks on the board, like I give a fuck. It's so easy to spot out your threads now, you're a retard. Always doing stupid shit like this. Why don't you try to be a good poster? Just for once? For once in your fucking life try not to make a topic like this. That's just you, you're always right at getting it wrong.

>> No.54029550 [DELETED] 

>>54029481
Pittsburgh solved the rust belt's offshoring problem by investing heavily in education. They are now the center of precision manufacturing and robotics in the US.

Houston is the largest city close to Mexico. They can do precision engineering of machine parts and send them to Mexico to be cheaply assembled.

The economy doesn't care about your race, retard. It only cares about how little it can pay you to work.

>> No.54029552 [DELETED] 
File: 107 KB, 1080x868, IMG_20230311_041750_327.jpg [View same] [iqdb] [saucenao] [google]
54029552

>> No.54029581 [DELETED] 

>>54029118
He's not going to stop raising rates just because something broke in the economy. This was planned for and intended, and inflation still has a long way to go before its tamed. That being said, we will probably get a 25 bps hike this month instead of the initially forecasted 50 bps, but with the soft landing fallacy off the table now, it wont be the bullish indicator you think it will. We are past the point now of just simply waiting for a pivot.

>> No.54029609 [DELETED] 
File: 2 KB, 125x117, stealmysunshine.jpg [View same] [iqdb] [saucenao] [google]
54029609

how low can (YOU) go?

>> No.54029618 [DELETED] 

>>54028378
A,Erica was born in blood, cunt.

>> No.54029638 [DELETED] 

>>54028878
>i don't think you guys understand how many people literally make a living on that shit

Exactly why it deserves to fucking crash. Time for zoomers to get a real job.

>> No.54029656 [DELETED] 

>>54029581
If what you're saying is true, then rates will continue to go up and this ongoing 'recession' will continued to be contained in the tech and biotech sectors. NASDAQ and NASDAQ-adjacent businesses will keep getting hard fucked while construction, manufacturing, energy and agriculture keep performing.

>> No.54029661 [DELETED] 
File: 250 KB, 1029x978, ilovemybank.jpg [View same] [iqdb] [saucenao] [google]
54029661

>> No.54029663 [DELETED] 

>>54029550
It was rather a joke u mutt im not even white

Are the universities in Pittsburgh that top notch though? Are they the next boston in terms of education?

>> No.54029679 [DELETED] 
File: 30 KB, 512x462, g (2).jpg [View same] [iqdb] [saucenao] [google]
54029679

>/biz/ sticky

>> No.54029686 [DELETED] 

>>54024016
Dat nigga need braces on his toes

>> No.54029700 [DELETED] 

>>54029663
No. This is just student loan baggie cope.

>> No.54029701 [DELETED] 
File: 65 KB, 906x799, 04EE53E9-1B01-464F-A396-3F9CC162828C.jpg [View same] [iqdb] [saucenao] [google]
54029701

Big joe = joe lubin

>> No.54029702 [DELETED] 
File: 25 KB, 106x121, justbuy.png [View same] [iqdb] [saucenao] [google]
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>>54029679
btc not even 1k spx not even 2k

>> No.54029703 [DELETED] 
File: 55 KB, 1024x723, 91FFA7FC-D27C-41BF-A2F1-79D0F7A6D250.jpg [View same] [iqdb] [saucenao] [google]
54029703

Henlo frens how are yuo

>> No.54029708 [DELETED] 

>>54029663
For robotics and engineering yes. For everything else, hell no. Boston schools are still better at literally everything though. The thing that's different about Pittsburgh is that the schools and businesses are very closely intertwined. So you'll finish your engineering degree and immediately get poached by a local business.

>> No.54029725 [DELETED] 
File: 29 KB, 601x418, kebap.jpg [View same] [iqdb] [saucenao] [google]
54029725

>>54029703
drunk

>> No.54029727 [DELETED] 

HI GUYS I'M TRANS AND I'M OP BTW

>> No.54029737 [DELETED] 

>>54029656
Yep, that's my theory too. The Fed chose to sacrifice the most worthless, overpaid, non-essential industry (Tech) so the most productive people of society can be spared in keeping the country running effectively.

>> No.54029745 [DELETED] 
File: 244 KB, 1400x1400, waterbot.jpg [View same] [iqdb] [saucenao] [google]
54029745

>>54023757
SVB NOT NEEDED

>> No.54029763 [DELETED] 

so its the holocaust for techfags?

>> No.54029771 [DELETED] 

>>54029737
The tech bubble was overdue. Raising rates was bound to make this happen. The tech bubble, social media, app economy etc was made possible by near 0 interest rates and thus cheap VC. The party is over and they're sending the kids home.

>> No.54029786 [DELETED] 
File: 580 KB, 739x739, 1658505915314.png [View same] [iqdb] [saucenao] [google]
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>>54029703
Im pretty good hope you are well friend

>> No.54029812 [DELETED] 
File: 250 KB, 1170x671, last tweet before bank goes backrupt.jpg [View same] [iqdb] [saucenao] [google]
54029812

>the last tweet the CEO made before her bank went to zero
How do I profit from feminism? Go short on every company with a female CEO?

>> No.54029841 [DELETED] 

i live under rock, is something actually happening or can i go back under my rock?

>> No.54029856 [DELETED] 

>>54029812
Go short on the ETF ticker SHE. Yes... its real...

>> No.54029862 [DELETED] 
File: 104 KB, 530x650, wooflujah.jpg [View same] [iqdb] [saucenao] [google]
54029862

>>54029841
main st rekt in 2008, tech st rekt yesterday

>> No.54029873 [DELETED] 
File: 86 KB, 559x486, kaiokek.jpg [View same] [iqdb] [saucenao] [google]
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>>54029812
lmao

>> No.54029889

>>54029771
Also, demographics. Boomers are aging into retirement, taking their capital with them. Gen X, the smallest generation in recent history, is now of the age where they're investing for retirement and they don't have nearly as much aggregate capital as the boomers did at that age. Capital and thus VC is more expensive now than it was 10 years ago. Add that to the fed hikes and yeah. Live by the bubble, die by the bubble. Be it crypto, tech, whatever. Used cars is most likely the next bubble to pop. New cars after that. Lot of sub-prime defaults about to happen in automobile financing.

>> No.54029898
File: 173 KB, 1077x818, Screenshot_20230310_224627_Twitter.jpg [View same] [iqdb] [saucenao] [google]
54029898

It's over for USDC lmao

>> No.54029918
File: 196 KB, 599x428, 20230302_113434.jpg [View same] [iqdb] [saucenao] [google]
54029918

>>54025368
Roblox kept their money deposited at Silicon Valley Bank
OOF

>> No.54029950
File: 21 KB, 696x608, BF80F8A8-8012-4A45-8F7B-F4A50A319F40.png [View same] [iqdb] [saucenao] [google]
54029950

>>54029786

>> No.54029954

>>54029862
so a bank went insolvent? how does this affect tech specifically?

>> No.54029963

>>54023757
Keep in mind that /biz/ is chock full of literal Down-Syndrome-tier retards. For example:

>>54008513

>> No.54029970
File: 44 KB, 989x247, what did she mean by this.png [View same] [iqdb] [saucenao] [google]
54029970

>>54029812
>CIO, not CEO
still funny, possibly even more so

>> No.54029977

>>54028492
Roku is the only company that makes a decent UI for smart TVs so this kinda sucks.

>> No.54029979

>>54023757
I don't have alot of money, around 40k in my bank. It's a small credit union, is it safe to keep money in there? Or should i open an account with something bigger like bank of America?

>> No.54029980
File: 38 KB, 678x201, 2023-03-10_22-52-33.jpg [View same] [iqdb] [saucenao] [google]
54029980

kek, have fun swapping whatever you need to

>> No.54029981

>>54029812
Capital for feminism comes mostly from local banks and credit unions. When the Wiccan polycule goes into the Forrest to start an apothecary (lavender soap company) that's where they get their small business loans from. If you want to profit off of feminism, the best you can do is buy shares in their competitors. P&G has better economies of scale than the Wiccans and will always outsell them.

>> No.54029992

>>54029898
$3 billion in exposure, as of a story posted 11 minutes ago:

https://www.bnnbloomberg.ca/stablecoin-firm-circle-reveals-3-3-billion-exposure-to-silicon-valley-bank-1.1894066

>> No.54030003

>>54026676
Signature Bank. I know multiple companies yanking all of their deposits right now. Everyone is bailing.

>> No.54030026
File: 175 KB, 1752x355, hmm.png [View same] [iqdb] [saucenao] [google]
54030026

>>54029812

>> No.54030027

>>54029954
Go to Bing News and read an article you illiterate retard. This is The Big Story right now. Everybody's writing about it. You god damn child.

>> No.54030055

>>54029812
She was CIO of Boston Private, which was recently acquired by SVB. She had nothing to do with SVB's retarded decisions on its commercial bank assets.

>in be4 hope she sees this

>> No.54030063
File: 182 KB, 1280x1301, 4BRGYF7NY5DUFJYKA52ZH3RN3E.jpg [View same] [iqdb] [saucenao] [google]
54030063

>>54029992
Circle Circle
Dot Dot
Now you have a cooties shot

>> No.54030064

>>54030027
i have a parental filter to block everything except 4chan, just tell me what's happening bros

>> No.54030065

>>54025534
>What have you people done? Who pissed off the AI that controls the markets?
If its anything like the 1987 stock market crash (look it up) then the trading algorithms tripped itself up (again, look it up, the stock market really broke itself in 1987).

This is the world we live in.

>> No.54030076
File: 8 KB, 344x344, 6C2D17B1-28B7-4FB8-8762-C83B4C9C66DB.jpg [View same] [iqdb] [saucenao] [google]
54030076

AAAAHHHHH I HATE THE TOURISTS LEAVEEEEEE NOWWWWWWW

>> No.54030080

>>54024080
>Sooner or later it all comes crushing down (crushing down)
>Crushing down (crushing down)
>When everyone's around
>I bet you would've paid up or you'll cash down (you'll cash down)
>And not make a sound (to make a sound)
>Everyone knows now

https://www.youtube.com/watch?v=E6frJ5IEA2Q

>> No.54030085

>>54029979
If you have a balance smaller than $250,000 in an FDIC insured bank or credit union then you will be safe.

>> No.54030090

>>54030064
either bad things or good things depending on how you look at it

>> No.54030129

>>54024020
no no the normies want there money
so they will vote for whoever turns the printer on the fastest

>> No.54030161

>>54030076
This is the best thread this shit board has ever had. Go back to your shit coin pyramid scheme thread.

>> No.54030166 [DELETED] 

>>54024217
nogs everwgere nogs, but white men managed to do 1920x

>> No.54030172

>>54029727
Shut up child molester, actual people are talking.

>> No.54030186

>>54030172
This is me by the way and I'm also trans.

>> No.54030192
File: 627 KB, 804x765, 1618951591213.png [View same] [iqdb] [saucenao] [google]
54030192

I'm posting in a sticky.

>> No.54030193
File: 66 KB, 831x823, sdf.png [View same] [iqdb] [saucenao] [google]
54030193

>> No.54030211

>>54030193
Just goes to show the power of panic.

>> No.54030214

>>54023757
WHERE ARE YOU INSURED FAGGOTS RIGHT NOW? Hahahahahahaha told you and you fucjs didnt listen

>> No.54030218

>>54029898
$43 billion circulating supply, 3.5 billion operating cash lost to SVB collapse. (likely all their money).
get out of usdc now if you have any.

>> No.54030220
File: 54 KB, 680x580, 63DFF5BC-057E-4919-836F-C5A6E3356F49.jpg [View same] [iqdb] [saucenao] [google]
54030220

>>54030161
Fuck you, retarded /pol/ niggers are EVERYWHERE right now telling me how banking akshually works

>> No.54030244
File: 454 KB, 1140x855, patrolling the candy and snacks aisle.jpg [View same] [iqdb] [saucenao] [google]
54030244

>>54023757
posting in epic bread, welcome to GFC2

>> No.54030257
File: 49 KB, 934x922, knoccknocc.jpg [View same] [iqdb] [saucenao] [google]
54030257

>who's there?

>> No.54030258

https://www.cnbc.com/2023/03/10/silicon-valley-bank-customers-scramble-to-meet-payroll-pay-bills.html
>SVB was started in 1983 and, according to its written history, was conceived by co-founders Bill Biggerstaff and Robert Medearis over a poker game.
The official history of this company alleges that it was founded by "Bill Biggerstaff". It was literally founded on a guy making a dick joke. no wonder it folded.

>> No.54030290

>>54030129
Yes, actually. The $SVB collapse may result in a liquidity crunch, making it even harder for the average person to finance the cost of staying alive. Beer and liquor are still cheap though. A fifth of vodka, a twelve pack of beer, and a month of Disney+ are still roughly $12 each. People will be too distracted to revolt for the foreseeable future.

>> No.54030296

>>54025947
>I keeps my cash under my bed. And the rest of my wealth in gold, silver, crypto and shitty cars.
>aigmi?
Unironically, yes probably.

>> No.54030335

>>54025424
but the bank your money land up in will fail before you can withdraw to cash

get x mill profit in tradeing account. That bank fails your fucked.

transfer the money to your local bank, it failis

try to withdraw x mill good luck.

Buy some property taxed to obilvion

>> No.54030336
File: 8 KB, 250x238, 1677527397370858s.jpg [View same] [iqdb] [saucenao] [google]
54030336

>>54026368
>where's Yellen?

>> No.54030338
File: 158 KB, 768x574, 10B6B22F-E524-4AF7-9BB4-78A0DB80393A.jpg [View same] [iqdb] [saucenao] [google]
54030338

>>54023857
/n/ here, worried I wont be able to afford my dream gravel bike and will have to become a disgusting trainfag.

>> No.54030345
File: 382 KB, 1920x1080, 1655176724029.jpg [View same] [iqdb] [saucenao] [google]
54030345

>>54030193
Here's the chart of USDC from 2019 to present :/

>> No.54030359
File: 71 KB, 1017x1024, 1675693864839206.jpg [View same] [iqdb] [saucenao] [google]
54030359

>>54023839
Who are these strange men? Can I get a quick rundown?

>> No.54030368

>>5402566

stable coins can only ever be rugged, as the are a representation of something else and so will always delink

>> No.54030375
File: 243 KB, 1022x950, DE177A8F-4067-49FB-AF28-168A5B13BA94.jpg [View same] [iqdb] [saucenao] [google]
54030375

Whats the rub on SVB? I have unironically never heard of them before today.
And what the fuck is this market cap chart?

>> No.54030382

>>54025956
>only 1000 posts
>he's this new to 4chan
YOU JUST GOT PUNKED!

>> No.54030386

>>54030375
Turns out they were the 16th largest bank in the US.

>> No.54030395

>>54030085
You know they raided the FDIC insurance fund in 2008 right? Do you think they are really reserving that money just for deposit insurance lol? They will spend that money to bailout their buddies.

Deposit insurance is a fairy tale.

>> No.54030396

>>54026718
Based

>> No.54030407
File: 443 KB, 640x640, Fdzq4_iaEAAnftI.png [View same] [iqdb] [saucenao] [google]
54030407

>Can't stop inflation without breaking a few piggy banks Jack!

>> No.54030434
File: 255 KB, 900x856, 1678508157535.jpg [View same] [iqdb] [saucenao] [google]
54030434

When’s the last time /biz/ got a sticky?

>> No.54030441

>>54023757
All I want is for Americans to suffer as much as possible, so this is good news to me.

>> No.54030446

Tomorrow is the 15 year anniversary of "Bear Stearns is fine."

https://www.youtube.com/watch?v=gUkbdjetlY8

>> No.54030451

>>54030085
FDIC has funds to cover roughly .5% of insured deposits. If there is ever a massive systemic issue the FDIC insurance will mean nothing

>> No.54030462

>>54030441
We're coming for you next motherfucker
Name your country and I'll explain five different ways it'll collapse before we even see a blip in white america

>> No.54030465

>>54030434
FTX ponzi collapse?
When the thieving scammer Samuel Bankman-Fried robbed billions?

>> No.54030473

>>54030451
>if

>> No.54030490
File: 49 KB, 1000x500, everytime.png [View same] [iqdb] [saucenao] [google]
54030490

>>54030434
69k dump?

>> No.54030494
File: 37 KB, 941x667, Fq6N_vjX0AAcve6.jpg [View same] [iqdb] [saucenao] [google]
54030494

FUCK FUCK FUCK FUUUUUUUUUUUUUUUUUUUUUUUUUCK

0.94 NOW
>0.94 NOW
0.94 NOW
>0.94 NOW
0.94 NOW
>0.94 NOW
0.94 NOW
>0.94 NOW

>> No.54030516
File: 340 KB, 506x437, yikess.png [View same] [iqdb] [saucenao] [google]
54030516

>>54030494
y ur chart so dif than mine i show 98

>> No.54030526

>>54030395
If that were true, it would definitely be concerning and we'd be looking at a pretty wild cataclysm in the event of a financial collapse. However, I don't think this is a financial collapse. I think this is going to be a recession contained only to high-risk capital-dependant industries like tech and biotech. It started with crypto and it's moving down the chain. Watch the automotive market next, and then the real estate market.

>> No.54030536
File: 7 KB, 265x265, 1670548603272548.jpg [View same] [iqdb] [saucenao] [google]
54030536

Do any of you find it strange this all went down on the eve of spring break?

>> No.54030537
File: 26 KB, 671x603, 1678505960209112.png [View same] [iqdb] [saucenao] [google]
54030537

>>54030516
Because it literally just flashcrashed, and your shit tool/site is behind

>> No.54030539

can someone explain to me what happen to michael burry's account

>> No.54030553

>>54030536
Interesting point. Think they want people undistracted with school for maximum panic?

>> No.54030558
File: 106 KB, 348x360, 1662256555075166.jpg [View same] [iqdb] [saucenao] [google]
54030558

>>54024080
https://www.youtube.com/watch?v=6PAzqBUNlCs

>> No.54030562
File: 2.88 MB, 646x630, Anne Heechee.webm [View same] [iqdb] [saucenao] [google]
54030562

>>54023857
/pol/ reporting in, who needs some pervitin redpills?

>> No.54030571

>>54026482
8/10 good pasta. Very tasty.

>> No.54030574

>>54030537
Why the fuck anyone would still have own crypto after FTX boggle the mind

>> No.54030585

>>54030258
>Biggerstaff
Best last name in history.

>> No.54030589

I’ve got 50k bet that they’re bailed out, don’t let me down biden

>> No.54030590
File: 3.38 MB, 388x292, factsjack.gif [View same] [iqdb] [saucenao] [google]
54030590

>>54030537
gimme timeframe and zoom out

>> No.54030594

>>54024643
wait till the year 3000 profit?

>> No.54030613
File: 19 KB, 704x354, 1678507560090541.png [View same] [iqdb] [saucenao] [google]
54030613

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.54030622

how likely is this to domino up into something comparable if not worse relative to 2008

>> No.54030645

I am so fucked
I don't have a job. Should I IMMEDIATELY get one or keep try to get clients as a starting copywriter?
I think I'm about to fuck my life up.
I don't want to be part of the usual wagie life, but also don't want to receive gibs

>> No.54030646
File: 825 KB, 926x696, misc.png [View same] [iqdb] [saucenao] [google]
54030646

YESSSSSSSSSSSSSSSSSSSSSSSS, LET IT ALL CRASH AND BURRRRRRRRRRRNNNNNNNNNNNNNNNNNNNNNNN

>> No.54030649
File: 2.93 MB, 640x360, 1578681345581.webm [View same] [iqdb] [saucenao] [google]
54030649

>>54023857
/pw/ reporting in

>> No.54030650

>>54030613
LET THE BODIES HIT THE FLOOR
LET THE BODIES HIT THE FLOOR
AAAAAAAAAAAAAAAAAAAA

>> No.54030687

>>54030553
Opposite, people are traveling and drinking rn. No eyes on the news. They want those accounts full for the bail in

>> No.54030703

>>54030622
Very fucking likely
CS delays their reports, which means the numbers have to be so fucking wrecked, that they are not ready to disclose them to the public yet.
https://www.reuters.com/business/finance/credit-suisse-delays-publication-annual-report-following-sec-call-2023-03-09/

If one of the biggest banks of the world is going to drop, then everybody is going to drop.

>> No.54030704

>>54030687
priced out, bailed in

>> No.54030712

>>54030622
Modern Economic policy is unsustainable in the long term anyways, it was always going to be something.

>> No.54030713
File: 53 KB, 800x450, AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA.jpg [View same] [iqdb] [saucenao] [google]
54030713

>>54030613
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.54030716

>>54030622
69% chance

>> No.54030717

HOW TO SHORT USDC 100X LEVERAGED?????

>> No.54030740

>>54030539
He nuked it after posting his last tweet
>>54026528

>> No.54030753

>>54030740
Again? Fuck sake.

>> No.54030766
File: 2.92 MB, 500x606, 187.gif [View same] [iqdb] [saucenao] [google]
54030766

>>54030703
>>54030712
i'm ready
two dollars and forty cents or so in the bank bois 'ere we go

>> No.54030768

>>54025490
>/k
nah go suck a dick

>> No.54030769

>>54030622
the next economic collapse will make 08 look like a joke

>> No.54030778
File: 8 KB, 250x249, 1669500345563734.jpg [View same] [iqdb] [saucenao] [google]
54030778

>>54023799
At last, janny is in shape.

>> No.54030788

>>54030589
Where do I bet on shit like this?

>> No.54030811

>>54030766

Literally who the fuck would buy these dog shit stocks? LOL

The bear lives, death to all you clowns lol

>> No.54030816

>>54030462
Sweden. You don't have to convince me of anything since I already know we're going down the shitter.
I'm just happy that the people of the most evil and degenerate country in history will suffer immensely from their own corruption and incompetence.

>> No.54030822

>>54026528
>qrd on Enron
Fuck I’m old

>> No.54030823

This is what we were waiting for. Banks have so many hidden skeletons in the closet

>> No.54030841
File: 86 KB, 720x664, 20230119_144016.png [View same] [iqdb] [saucenao] [google]
54030841

>>54027088
>Yeah bro, let us know when you start paying for things with gold shavings
We will be there soon and others have already been there for a while.

https://www.bloomberg.com/news/articles/2021-10-20/venezuelans-break-off-flakes-of-gold-to-pay-for-meals-haircuts

>> No.54030846

>>54026085
BITCONNEEEEEEEEEEEEEE

>> No.54030848

So what do I do bros? Am I supposed to just take out all the cash in my bank account? Isn't the cash going to be worth less anyway after they poof a bunch of money into existence to bail out the banks anyway? Is there any winning in this scenario?

>> No.54030858

>>54030816
If you said a balkan shithole or some shitskin country I would have roasted you.
But I completely accept the consequences of what my own dogshit country had committed. Though I'll say that if Sweden was less cucked, it and Norway could have made it out of this alive.

>> No.54030872

>>54024063
the music changed key

>> No.54030883

>>54030848
The only decent way to make out of this scenario is having hard assets such as precious metals or property. It will hold your wealth, and when things calm down you can buy back into the market in good times.

>> No.54030899

>>54030589
THEY CAN'T BE BAILED OUT

>> No.54030913
File: 244 KB, 1199x1600, 1668041245638930.jpg [View same] [iqdb] [saucenao] [google]
54030913

Posting in this historic sticky to remind you to get a suicide stack of XRP and place a bet on global enslavement, you know just in case...

>> No.54030936

>>54030848
Signs are pointing toward business as usual for most people. Unless you work for or do business with a small-medium sized tech company, then you won't be affected financially

>> No.54030938

>>54030913
how is chainlink doing?

>> No.54030953

>>54030938
heck if i know

>> No.54031000

>>54030494
>crypto fags btfo once more
will they ever learn? The chosen people aren't going to let you play your own games without their rigged rule set being the default

>> No.54031001

>>54030913
How heavy are those bags

>> No.54031009
File: 1.85 MB, 4032x3024, chainlink.jpg [View same] [iqdb] [saucenao] [google]
54031009

>>54030938
>down 10 fucking percent
Dumps when everything else pumps
Dumps harder when everything else dumps

>> No.54031015

>>54030936
LOL

>> No.54031043
File: 645 KB, 1079x1074, Screenshot_20230307_124412_Gallery.jpg [View same] [iqdb] [saucenao] [google]
54031043

Unbanned just in time to shill for Pawswap and KTO.
Look them up, same team that got Shib rolling so hard on both of them.
Also Kek. Charts have been interesting tonight.

>> No.54031059
File: 563 KB, 2255x3138, 1453548385543.jpg [View same] [iqdb] [saucenao] [google]
54031059

>>54030913

>> No.54031070
File: 179 KB, 1200x900, Peng Triple.47.gif [View same] [iqdb] [saucenao] [google]
54031070

Buy Peng lol

>> No.54031095

>>54031001
hard to tell when you're floating in an ocean of liquidity, bitch

>> No.54031109

>>54030649
OP Wrestling Faggotry

>> No.54031119
File: 217 KB, 500x500, 1631802380710.gif [View same] [iqdb] [saucenao] [google]
54031119

>>54023857
/mjg/ reporting in

>> No.54031137

How could this possibly be worse than Corona?

>> No.54031155
File: 390 KB, 1360x478, 1678508689816952.png [View same] [iqdb] [saucenao] [google]
54031155

LOL

>> No.54031172

>>54031137
Flu’s didn collapse banking and expose their dogshit balancesheets to everyone.

>> No.54031179

>>54031137
Because it's the first domino piece of several that will inevitably break the whole system

>> No.54031182

>>54023857
It's been years since I saw one of this

>> No.54031193
File: 283 KB, 2753x2369, Bible777.png [View same] [iqdb] [saucenao] [google]
54031193

>>54027703
>I should go to church
We all should. Jesus Christ is all we really have.

I hate the antichrist btw if that matters.

>> No.54031199

>>54031137
It doesn't help that all this is happening after Corona, rather than before it.

>> No.54031221
File: 414 KB, 636x693, Doom Paul - It Begins.png [View same] [iqdb] [saucenao] [google]
54031221

>> No.54031235

>>54031015
I too see the humour in people unironically trying to bank run their Top 5 chequing accounts over the SVB situation

>> No.54031260

>>54031155
Haven't seen that one in a while

>> No.54031262
File: 114 KB, 735x849, 2023-03-10_23-58-44.jpg [View same] [iqdb] [saucenao] [google]
54031262

If you know how to get out, then fucking what are you waiting for

>> No.54031272
File: 144 KB, 719x924, 20230311_145838.jpg [View same] [iqdb] [saucenao] [google]
54031272

FUCK USDC

BUDDY LOOK AT THE TETHER COMPUTER

AND LOOK AT THE DAI COMPUTER

>> No.54031281

So the bank took in a shit ton of money. Got the majority of that money tied up in bonds and then when JP Morgan Chase advised very large accounts to move their assets to them then the bank didn't have enough cash for those massive transactions.
Doesn't this just mean that JP Morgan Chase fucked over a whole bunch of people? And it's perfectly legal to instigate something like this?

>> No.54031341

I'm an idiot for not selling stocks this morning when everything was up. It will take months to recover, maybe more

>> No.54031355
File: 921 KB, 948x954, bags-2.png [View same] [iqdb] [saucenao] [google]
54031355

told you

>> No.54031362

>>54031341
>months
hahahahahahaha

>> No.54031366

>>54031235
yeah im sure you have nothing to worry about if you have your money in a normal fucking bank, but there will be carnage on monday

>> No.54031374

SOME1 POST THE UGLY QUEER WHORE ROASTIE RISK MANAGMENT FAGGOT WHORE WHO LOOKS LIKE AN ABSOLUTE WASTE OF AIR

>> No.54031380
File: 85 KB, 1200x1293, CBDFBDEC-1E9B-40AC-944F-55E02F1FFCA8.png [View same] [iqdb] [saucenao] [google]
54031380

They were testing the bail-in weren’t they

>> No.54031390

>>54031355
Checked, whatever happens, don't lose your way

>> No.54031408

>>54031380
I'm not a betting man, but...

>> No.54031440

>>54031362
Since Ubisoft is a french company they will bounce back soon enough, r-right? I know they have some california office locations but surely these events won't impact their stock's financials... haha

>> No.54031445

Bump. Fuck jannies.

>> No.54031458
File: 1.04 MB, 1080x720, pepe gas spill.png [View same] [iqdb] [saucenao] [google]
54031458

>>54029703
HENLO

>> No.54031472

>>54030841
Venezuela has already dollarized its economy. They're fine - thanks to the U.S.

>> No.54031501
File: 71 KB, 637x800, 1436786959726-2.jpg [View same] [iqdb] [saucenao] [google]
54031501

Last time we got Margin Call, and to a lesser extent The Big Short. Hope we get some good finance disaster movies out of this one.

Occupy wallstreet round 2 is gonna be really gay though, zoomies protest like a bunch of queers.

>> No.54031519
File: 7 KB, 253x199, retard zone.jpg [View same] [iqdb] [saucenao] [google]
54031519

>>54031445
based retard

>> No.54031528

>>54031472
>Venezuela has already dollarized its economy.
Proofs?

>> No.54031558

>>54023757
TOTAL JEWISH MONEY CHANGER ANNIHILATION

>> No.54031561

>>54031380
>They were testing the bail-in weren’t they
Yes.

>> No.54031599
File: 180 KB, 675x675, 1571650832081.jpg [View same] [iqdb] [saucenao] [google]
54031599

I was going to kill myself, but now I'm going to wait so I can watch everyone suffer.

>> No.54031620

>>54030562
>/pol/ reporting in, who needs some pervitin redpills?
UR BERVATIN ID FUR EMERDENGIES ONLY BRIVADE! :DDD

>> No.54031632

>>54031599
your picture should be le crabby face

>> No.54031653
File: 103 KB, 358x333, 1673545736621498.png [View same] [iqdb] [saucenao] [google]
54031653

Well I'm broke as hell anyways, so none of this matters to me.

Maybe a few puts on Roku and the Blox

>> No.54031712

>only 1000 replies
Biz is dead

>> No.54031735

>>54031281
No they outed themselves. Tied up their money in junk bonds, couldn’t cover costs so had to sell at a huge loss. Jamie dimon simply pointed out the obvious, had nothing to do with the bank run

>> No.54031861

>>54031712
anon... you were too soon...

>> No.54031872

>>54024016
Shoo shoo stinky goblin

>> No.54031885
File: 534 KB, 1920x1080, 1588098911092.jpg [View same] [iqdb] [saucenao] [google]
54031885

>>54023857
nobody's mentioned /trv/ yet.
gonna take all gains to a nice vacation when everyone has negative dollars?

>> No.54031928

>>54031735
>junk bonds
Can ya explain more here? How do you lose a ton of money on fucking bonds? These aren't high-risk loans like what went down in 2008.

>> No.54031960

>>54023799
This fat nigga bending spacetime

>> No.54031965

>>54028878
>>54029918
It was 5% of their cash

>> No.54031990

>>54031928
Raising rates made those bonds non-competitive with literally any other option for prospective buyers to choose from which makes it harder, if not impossible, to offload those bonds in a timely manner when you need to raise money to accomodate withdrawal requests that you're suddenly being slammed with, courtesy of some of your biggest clients and then the rest of them, too.

>> No.54032017
File: 99 KB, 2000x2000, zpchvaetmyvjtoioa7w7.png [View same] [iqdb] [saucenao] [google]
54032017

>>54023757
NO!

IT SHOULD HAVE BEEN ME! NOT HIM!!!

>> No.54032024

>>54031928
Junk bonds might not be the best way to put it, but think of it like this. They had all that money in bonds, which guarantees a certain percentage payout when it matures. Bond rates have gone up significantly since svb bought theirs. So think about it, why would anyone buy your bonds that are only paying out 2% when you can get one at 5%? Therefore, they must sell those bonds at a heavy discount (loss) because they aren’t worth much compared to the current going rate

>> No.54032034

>>54031928
>Buy bonds during ZIRP
>ZIRP ends
>FFR and thus T rate goes up
>Low interest corporate paper worthless on open market

>> No.54032038
File: 6 KB, 260x194, index.jpg [View same] [iqdb] [saucenao] [google]
54032038

>>54030359
>Rothschilds bow to Bogdanoffs
>In contact with aliens
>Possess psychic-like abilities
>Control france with an iron but fair fist
>Own castles & banks globally
>Direct descendants of the ancient royal blood line
>Will bankroll the first cities on Mars (Bogdangrad will be be the first city)
>Own 99% of DNA editing research facilities on Earth
>First designer babies will in all likelihood be Bogdanoff babies
>both brothers said to have 215+ IQ, such intelligence on Earth has only existed deep in Tibetan monasteries & Area 51
>Ancient Indian scriptures tell of two angels who will descend upon Earth and will bring an era of enlightenment and unprecedented technological progress with them
>They own Nanobot R&D labs around the world
>You likely have Bogdabots inside you right now
>The Bogdanoffs are in regular communication with the Archangels Michael and Gabriel, forwarding the word of God to the Orthodox Church. Who do you think set up the meeting between the pope & the Orthodox high command (First meeting between the two organisations in over 1000 years) and arranged the Orthodox leader's first trip to Antarctica in history literally a few days later to the Bogdanoff bunker in Wilkes land?
>They learned fluent French in under a week
>Nation states entrust their gold reserves with the twins. There's no gold in Ft. Knox, only Ft. Bogdanoff
>The twins are about 7 decades old, from the space-time reference point of the base human currently accepted by our society
>In reality, they are timeless beings existing in all points of time and space from the big bang to the end of the universe. We don't know their ultimate plans yet. We hope they're benevolent beings.

>> No.54032050
File: 118 KB, 922x320, 1678196497761725.jpg [View same] [iqdb] [saucenao] [google]
54032050

it has begun

>> No.54032065

So regional commercial bank has no risk right? I would only be fucked if my employer has exposure to investment bank run? And also everyone here would be under the Fdic limit anyways

>> No.54032067

>>54031990
So then it circles back to my original question in how a competitor bank is able to legally instigate a massive run as it did.

>> No.54032080
File: 723 KB, 1868x1483, didn&#039;t_read_never_selling.png [View same] [iqdb] [saucenao] [google]
54032080

>>54032050

>> No.54032096

>>54032067
Truth is not a malicious act no matter how you try to twist it
You're looking for an angle where da joos did it but this aint it.
Fault lies with SVB and SVB only

>> No.54032098

>>54032067
Chase didn’t instigate the run SVB was fucked either way. Jamie Dimon (the chase guy) just pointed out what everyone already knew. SVB outed themselves on Wednesday

>> No.54032104

>>54031928
Essentially too-big-to-fail mentality & quantitative easing mean absolute idiots get billions upon billions of dollars to spend with no accountability or consequences. They simply retire to their mansions after leaving treasury and society at large holding the flaming disaster. 'Not my problem'. They leeched all the money they needed long ago anyways.

The specifics is that they went in on billions in government bonds at a 1.6 interest rate and then found nobody would buy them once the government issued new bonds at far higher and more valuable interest rates. Their only option was to sell them for pennies on the dollar and become bankrupt.

>> No.54032132
File: 72 KB, 800x600, 7CD53CEE-47AB-4042-8750-14493B9E691D.jpg [View same] [iqdb] [saucenao] [google]
54032132

>>54023857
/VIP/fag reporting in

>> No.54032138 [DELETED] 
File: 304 KB, 512x512, 1665928107740249.png [View same] [iqdb] [saucenao] [google]
54032138

>>54024866
>>54027829
based mlpchads

>> No.54032141

>>54032067
Honest answer? The rules are selectively enforced when it comes to what constitues influencing the markets with public discourse. It's to the point that normal people on TikTok feel the need to preface financial discussions with psuedo-legal disclaimers, but incidents like this are just considered par for the course in the high stakes world of financial brinksmanship. It's gross.

>> No.54032142

>>54031928
Through skill issue. This was pretty basic stuff. An anon from biz would manage better
https://www.investopedia.com/terms/i/interestraterisk.asp

>> No.54032153

>>54032104
>pennies on the dollar
Like what, 95/100? 90/100? 85/100?
I still can't fathom how they could have 200 billion in capital and not be able to pay 50 billion or whatever it was.

>> No.54032169

is it happening?

>> No.54032194

>>54031928
When you buy a bond at a low interest rate and interest rates go up, that equates to losing money due to the market value of the bond dropping.
In reality the implication arrow works the other way around, the effective yield of a bond is computed from its price. Price is determined at the midpoint of buyers and sellers.
To simplify it, they effectively put a ton of money into 3-4 year debt at, say, $95 and they'd get $100 per note back in 3-4 years. Now the notes are only worth $80 each due to the money printer turning off and their effective rate on the debt market is higher. For 2 years the Fed was printing money to buy up bonds and keep interest rates low. That ended.
They are made whole if they hold the notes to maturity, but they needed cash today. So it's tech bro holocaust now.

>> No.54032198

>>54032153
I think it was more like 40 cents on the dollar. They lost a shit ton of money

>> No.54032204

>>54032153
They could, it was a minor short fall, but investing houses of their large clients coordinated a bank run. I don't think it's schizo wall street engineering a Lehman to get QE but big firms saving their funds with the added upside of potential helicopter money later.

>> No.54032210

>>54032138
one of you /biz/fags better sell framed copies of this and the other ones at mare fair, we'll eat that shit up

>> No.54032216

>>54031262
>>54031272

Looking at these two, it's almost as though SVB is going to play the "AIG" role this time.

2008 Crash:
> everyone took wild bets, over-leveraged, and took/made bad loans and deals
> they did it because they had insurance, which protected them from loss
> winds up everyone had insurance through the same company, AIG
> when things went south, AIG quickly went insolvent, which meant that everyone who had sold their risk to AIG were now back on the hook for every shitty loan they conned someone into taking.

As it's starting to look here...
> so-called stable coins seen as a "safe" shelter to pause while trading shitcoin
> everyone uses stable-coin as their digital store of wealth
> the coin itself is mostly derivative, with the value held by constantly changing/moving bundles of all of the coins in the crypto market
> everyone buys it because SOMEONE has to have the real money somewhere.
> now we find that the place that had it went poof


I'm not enough of a crypto person to know how it's all set up, but there are situations where it's impossible for the stable coin algorithm to keep up; where it winds up buying increasingly worthless assets until there is no more money.

It also probably screws with trader algorithms; which foolishly assumed that there was such thing as a legitimately stable digital coin.

>> No.54032218

>>54032169
yes the thread only has 1000 replies, biz is officially dead

>> No.54032240

Since this fucking with stable coins I guess my ETH and XMR are going to be worthless soon

>> No.54032285

i'm stupid, will this affect other countries?

>> No.54032305

>>54032240
Im selling all my ETH at 1500 this weekend

>> No.54032321
File: 175 KB, 850x652, 1396568124762.jpg [View same] [iqdb] [saucenao] [google]
54032321

>>54023757
>>54023857
/v/edditor and /biz/lurker here
postin inna sticky icky

>> No.54032323

>>54032285
Only positively because the fed might be forced to pivot soon

>> No.54032331
File: 320 KB, 1028x1386, 1678205234763306.png [View same] [iqdb] [saucenao] [google]
54032331

>>54032285
yes

>> No.54032339

>>54032198
So, to make a very simplified example to see if I'm understanding this correctly.
A) Bank buys fuck ton of bonds with the goal of getting $1.05 for every dollar spent in 10 years.
B) Interest rate goes up, now new bonds are guaranteeing $1.10 for every dollar spent in 10 years
C) Bank is forced to sell its guaranteed $1.05 for 50 cents because the new bonds give a slightly higher return.
I guess my question is, why would it be such a sharp drop? Sure I could see it selling for maybe 5-10% less, but why the hell would it be 50% loss if the guaranteed $1.05 is still there?

>> No.54032376
File: 100 KB, 1320x880, growling.jpg [View same] [iqdb] [saucenao] [google]
54032376

>>54023857
/lit/ reading the situation

>> No.54032377

>>54024134
I hate monkeys so much, look at its cheeky lil cunt face.

>> No.54032389
File: 794 KB, 1440x3040, Screenshot_20230311-060122_Chrome.jpg [View same] [iqdb] [saucenao] [google]
54032389

>>54024217

>> No.54032392
File: 24 KB, 349x356, dddddddddddddddddddddddddddd.jpg [View same] [iqdb] [saucenao] [google]
54032392

2008 ALL OVER AGAIN

>> No.54032396

>>54032323
Yeah, crash is a good thing, my job is recession proof and low interest rates mean I can get a better deal on a car.

>> No.54032416

>>54032339
The guaranteed 1.05 is still there, but now it’s competing with a gurenteed 1.10. You see? Why buy the 1.05 instead of the 1.1 unless you can get it at a discount. Time was not on their side

>> No.54032426

>>54032339
The yield on the bonds they had to sell was less than inflation.

>> No.54032430

>>54024359
the topic isnt le epic crypto

>> No.54032448

>>54032416
I understand the situation, I was trying to explain to someone else. Wrong anon?
As I said they're made whole if they hold to maturity. But they had hours when they needed years.
If you have to sell right this very second, you get market price on your bonds / debt instruments. And that dropped quite a lot in tandem with market interest rates rising.

>> No.54032467

>>54032426
I agree. again I understand the situation. They had a bunch of debt that the bought at the very top at under 2% yield. Now market rates are north of 4-5% so kaboom.
Did I really word it that horribly? I was giving a basic example to someone else about how rising bond yields cause a loss.

>> No.54032473

>>54032339
>why would it be such a sharp drop?
Because the market is illiquid. There is no buyer for US bonds other than the fed.
Would you buy their 1.05 off of them?

>> No.54032474
File: 12 KB, 196x450, 959349b54d9cd70b.jpg [View same] [iqdb] [saucenao] [google]
54032474

Please someone advice me, is it safe to hold WBTC on ethereum network and BTCB on BSC network?

>> No.54032483

>>54032448
Basically yeah. They got gouged because they needed it asap

>> No.54032516

>>54032473
Would I pay 80 cents to get $1.05 in a few years? Easily. I'm not saying that I don't get why a discount is needed. I'm just baffled why the discount was so fucking huge.

>> No.54032523

>>54032339
customers withdraw their deposits and force SVB to liquidate holdings at a loss so customers can put funds in bonds which yield more interest and more securely. Leveraged positions make things worse for SVB.

>> No.54032527

>>54024577
>Tony Stewart baked beans
based

>> No.54032536

>>54032483
oh fuck you weren't replying to me. my bad anon

>> No.54032537

>>54024126

>"The biggest wealth transfer in history."

>> No.54032550
File: 1.18 MB, 2598x2996, il_fullxfull.3601188848_7pwv.jpg [View same] [iqdb] [saucenao] [google]
54032550

Fuck USDC, Safest stable is probably MTR. Meter-io stablecoin value is pegged to the global average cost of electricity. MTRG governance token supply is only 40 million

>> No.54032570

>>54032516
>Would I pay 80 cents to get $1.05 in a few years? Easily.
Why?
You could use that 80 cents to buy 1.10 bonds directly from the government

>> No.54032577

>>54032516
Like he said, no buyers. They are trying to offload billions in a day. That’s why the sharp drop. They called up some guy trying to sell these bonds and he said fuck no unless you give me 40 cents on the dollar. They can’t sell this stuff on robinhood

>> No.54032587

Buy GME, save yourselves.

>> No.54032617

>>54032570
Because it would cost me 1 dollar to get that 1.10 from the government anon. Whereas to get 1.05 it would cost me 80 cents.

>> No.54032634

>>54032516
Yields are subject to compound interest and thus the difference between a 1.6% and 3.6% yield is exponential. Also there's enough high-yield bonds to satisfy market demand so you literally have to match the profitability of these exponentially higher yielding bonds by discounting to incite someone to buy your now unattractive bond.

>> No.54032652

>>54032617
Except the interest rates differential is huge. 1.6% vs 4% currently

>> No.54032668

>>54026891
10x worse

>> No.54032705

>>54024643
God damn /ck/ be leaking all over the place

>> No.54032724

>>54024908
Also, they make damn sure they're not liable for much. So they pay wealth tax on fuck all

>> No.54032733
File: 223 KB, 1568x932, 1678516054103.jpg [View same] [iqdb] [saucenao] [google]
54032733

>>54032652
Actually nvm an anon on /pol/ said it wasn't bonds but MBS
And i had to double check this but holy shit these retards were majorly in MBS not UST.
Also its literally yet annoda 2008. How come you fall for the same shut twice

>> No.54032815

>>54024600
If you work for a startup in silicon valley you should be worried. If you work with a startup that is located in silicon valley you should be worried. If you work with a company that works with a company that is located in silicon valley then you can be kind of worried otherwise no you should not be worried. 200B is nothing when it comes to global finance.

>> No.54032819

>>54032733
But the mbs are still fine according to their cash flow, it was literally just fund managers yelling Fire and causing a bank run that killed it.

>> No.54032871
File: 37 KB, 700x641, 879789451123.jpg [View same] [iqdb] [saucenao] [google]
54032871

Anyone who comes here from /a/ should be instantly banned

>> No.54032877

>rapid rise in interest rates destroys the value of existing bond reserves, driving small/regional financial institutions to ruin
isn't this exactly what happened in the 80's S&L crisis or am I retarded

>> No.54032907
File: 9 KB, 240x240, Matt Levine.jpg [View same] [iqdb] [saucenao] [google]
54032907

1/10 SVB

The lesson might be that there are some industries that are bad to bank. Imagine that it was 2021, and someone was like “do you want to start the Bank of Crypto? What about the Bank of Venture-Backed Tech Startups?” You’d be tempted, right? Those industries had so much money! They seemed cool. If you were their bank — if you were the specialized bank that exclusively focused on those industries — influencers on Twitter would tweet nice things about you, and you’d get invited to fancy parties. Also, as their bank, you’d probably find a way to get a cut of growing industries with lots of potential. Provide banking services to tech startups, get warrants in those startups, get rich when they go public. Provide banking services to crypto exchanges, start some sort of blockchain-based payment network, get rich through the magic of saying “blockchain” a lot.

But the structure of being the Bank of Crypto or Startups was a bit rickety. Traditionally, the way a bank works is that it takes deposits from people who have money, and makes loans to people who need money. The weird problem with focusing exclusively on crypto or startups in 2021 is that they had too much money. If you were the Bank of Startups, the main service that you provided to startups is that equity investors would give them a truck full of cash and they’d deposit it at your bank. Here is how SVB Financial Group, the holding company of Silicon Valley Bank, describes the vibe of 2021 and 2022 in its Form 10-K two weeks ago:

>Much of the recent deposit growth was driven by our clients across all segments obtaining liquidity through liquidity events, such as IPOs, secondary offerings, SPAC fundraising, venture capital investments, acquisitions and other fundraising activities—which during 2021 and early 2022 were at notably high levels.

People kept flinging money at SVB’s customers, and they kept depositing it at SVB. Perfectly reasonable banking service

>> No.54032915

>>54032907
2/10
But the customers didn’t need loans, in part because equity investors kept giving them trucks full of cash and in part because young tech startups tend not to have the fixed assets or recurring cash flows that make for good corporate borrowers. [1] Oh, there is some tech-industry-adjacent lending you can do. [2] Tech founders want to buy houses, and you can give them mortgages. Venture capital and private equity funds want to manage liquidity and/or juice their reported return rates by paying for investments with borrowed money rather than drawing from their limited partners, so you can get into the capital-call-line-of-credit business. There are vineyards near Silicon Valley and you can develop an expertise in vineyard financing. And, sure, some of your tech-company customers do need to borrow money, and are creditworthy, and you lend them money and that works out. But there is a basic imbalance. Customer money keeps coming in, as deposits, but it doesn’t go out, as loans.

So you have all this customer cash, and you need to do something with it. Keeping it in, like, Fed reserves, or Treasury bills, in 2021, was not a great choice; that stuff paid basically no interest, and you want to make money. So you’d buy longer-dated, but also very safe, securities, things like Treasury bonds and agency mortgage-backed securities. We talked yesterday about how this worked out at Silvergate Capital Corp., the actual Bank of Crypto. And as of the end of 2022, Silicon Valley Bank, the actual Bank of Startups, had about $74 billion of loans and about $120 billion of investment securities.

>> No.54032918

can i finally buy property in SF

>> No.54032933

>>54032915
3/10
Crudely stereotyping, in traditional banking, you take deposits and make loans. In the Bank of Startups, in 2021, you take deposits and mostly buy bonds. Again crudely stereotyping, corporate loans often have floating interest rates and shorter terms, while bonds have fixed interest rates and longer terms. None of this is completely true — there are fixed-rate corporate loans and floating-rate bonds, traditional banking tends to involve making lots of loans (like mortgages) with long-term fixed rates, you can do swaps, etc. — but it is a useful crude stereotype. [3]

Or, to put it in different crude terms, in traditional banking, you make your money in part by taking credit risk: You get to know your customers, you try to get good at knowing which of them will be able to pay back loans, and then you make loans to those good customers. In the Bank of Startups, in 2021, you couldn’t really make money by taking credit risk: Your customers just didn’t need enough credit to give you the credit risk that you needed to make money on all those deposits. So you had to make your money by taking interest-rate risk: Instead of making loans to risky corporate borrowers, you bought long-term bonds backed by the US government.

>> No.54032941

didnt read

>> No.54032946

>>54032933
4/10
Crudely stereotyping, in traditional banking, you take deposits and make loans. In the Bank of Startups, in 2021, you take deposits and mostly buy bonds. Again crudely stereotyping, corporate loans often have floating interest rates and shorter terms, while bonds have fixed interest rates and longer terms. None of this is completely true — there are fixed-rate corporate loans and floating-rate bonds, traditional banking tends to involve making lots of loans (like mortgages) with long-term fixed rates, you can do swaps, etc. — but it is a useful crude stereotype. [3]

Or, to put it in different crude terms, in traditional banking, you make your money in part by taking credit risk: You get to know your customers, you try to get good at knowing which of them will be able to pay back loans, and then you make loans to those good customers. In the Bank of Startups, in 2021, you couldn’t really make money by taking credit risk: Your customers just didn’t need enough credit to give you the credit risk that you needed to make money on all those deposits. So you had to make your money by taking interest-rate risk: Instead of making loans to risky corporate borrowers, you bought long-term bonds backed by the US government.

>> No.54032957

>>54032918
ewww why would you want to?

>> No.54032965
File: 17 KB, 480x360, Bill Lumbergh.jpg [View same] [iqdb] [saucenao] [google]
54032965

>>54032946
5/10
The result of this is that, as the Bank of Startups, you were unusually exposed to interest-rate risk. Most banks, when interest rates go up, have to pay more interest on deposits, but get paid more interest on their loans, and end up profiting from rising interest rates. But you, as the Bank of Startups, own a lot of long-duration bonds, and their market value goes down as rates go up. Every bank has some mix of this — every bank borrows short to lend long; that’s what banking is — but many banks end up a bit more balanced than the Bank of Startups. At the Financial Times, Robert Armstrong writes:

>Few other banks have as much of their assets locked up in fixed-rate securities as SVB, rather than in floating-rate loans. Securities are 56 per cent of SVB’s assets. At Fifth Third, the figure is 25 per cent; at Bank of America, it is 28 per cent.

>For most banks higher rates, in and of themselves, are good news. They help the asset side of the balance sheet more than they hurt the liability side. … SVB is the opposite: higher rates hurt it on the liability side more than they help it on the asset side. As Oppenheimer bank analyst Chris Kotowski sums up, SVB is “a liability-sensitive outlier in a generally asset-sensitive world”.

>> No.54032978

>>54032946
Nobody wants to read this shit. The tldr is that the money train has stopped and anyone over exposed to tech is going to get crushed

>> No.54032983
File: 343 KB, 495x367, exponents.png [View same] [iqdb] [saucenao] [google]
54032983

https://www.bankrate.com/banking/list-of-failed-banks/

>> No.54032991
File: 1.18 MB, 1500x1191, Gold.jpg [View same] [iqdb] [saucenao] [google]
54032991

>>54032965
6/10
But there is another, subtler, more dangerous exposure to interest rates: You are the Bank of Startups, and startups are a low-interest-rate phenomenon. When interest rates are low everywhere, a dollar in 20 years is about as good as a dollar today, so a startup whose business model is “we will lose money for a decade building artificial intelligence, and then rake in lots of money in the far future” sounds pretty good. When interest rates are higher, a dollar today is better than a dollar tomorrow, so investors want cash flows. When interest rates were low for a long time, and suddenly become high, all the money that was rushing to your customers is suddenly cut off. Your clients who were “obtaining liquidity through liquidity events, such as IPOs, secondary offerings, SPAC fundraising, venture capital investments, acquisitions and other fundraising activities” stop doing that. Your customers keep taking money out of the bank to pay rent and salaries, but they stop depositing new money.

This is all even more true of crypto — I mean, the Fed raised rates once and the entire crypto industry vanished? [4] — but it is not not true of startups. But if some charismatic tech founder had come to you in 2021 and said “I am going to revolutionize the world via [artificial intelligence][robot taxis][flying taxis][space taxis][blockchain],” it might have felt unnatural to reply “nah but what if the Fed raises rates by 0.25%?” This was an industry with a radical vision for the future of humanity, not a bet on interest rates. Turns out it was a bet on interest rates though.

>> No.54033003

>>54032957
at the rate it's going probably not worth it
but hey maybe this could be the housing crash everyone was waiting for

>> No.54033011

>>54032978
so don't read it nigga, that's how you got where you are today.

>> No.54033046

>>54032991
7/10
Here’s Bloomberg’s Katie Greifeld:

>Silvergate and SVB “in fact are victims of the same phenomenon as Fed tightening extinguishes froth from those parts of the economy with the most excess — and it’s hard to find more excess than in crypto and tech startups,” said Adam Crisafulli of Vital Knowledge.

And my Bloomberg Opinion colleague Paul Davies:

>Both crypto and venture capital booms were children of the ultra-low rates of the past decade and a half. Now, rising rates and the shrinking of the Federal Reserve’s balance sheet have burst those industry bubbles and increased the competition among banks for funding.

And so if you were the Bank of Startups, just like if you were the Bank of Crypto, it turned out that you had made a huge concentrated bet on interest rates. Your customers were flush with cash, so they gave you all that cash, but they didn’t need loans so you invested all that cash in longer-dated fixed-income securities, which lost value when rates went up. But also, when rates went up, your customers all got smoked, because it turned out that they were creatures of low interest rates, and in a higher-interest-rate environment they didn’t have money anymore. So they withdrew their deposits, so you had to sell those securities at a loss to pay them back. Now you have lost money and look financially shaky, so customers get spooked and withdraw more money, so you sell more securities, so you book more losses, oops oops oops. [5]

>> No.54033056
File: 38 KB, 205x215, blazing-saddles-gun4.jpg [View same] [iqdb] [saucenao] [google]
54033056

>>54033046
8/10
As Armstrong puts it, SVB had “a double sensitivity to higher interest rates. On the asset side of the balance sheet, higher rates decrease the value of those long-term debt securities. On the liability side, higher rates mean less money shoved at tech, and as such, a lower supply of cheap deposit funding.”

Also, I am sorry to be rude, but there is another reason that it is maybe not great to be the Bank of Startups, which is that nobody on Earth is more of a herd animal than Silicon Valley venture capitalists. What you want, as a bank, is a certain amount of diversity among your depositors. If some depositors get spooked and take their money out, and other depositors evaluate your balance sheet and decide things are fine and keep their money in, and lots more depositors keep their money in because they simply don’t pay attention to banking news, then you have a shot at muddling through your problems.

>> No.54033089
File: 3.96 MB, 2744x1246, 1678324788017045.png [View same] [iqdb] [saucenao] [google]
54033089

Basado

>> No.54033091

>>54033056
9/10
But if all of your depositors are startups with the same handful of venture capitalists on their boards, and all those venture capitalists are competing with each other to Add Value and Be Influencers and Do The Current Thing by calling all their portfolio companies to say “hey, did you hear, everyone’s taking money out of Silicon Valley Bank, you should too,” then all of your depositors will take their money out at the same time. In fact, Bloomberg reported yesterday:

>Unease is spreading across the financial world as concerns about the stability of Silicon Valley Bank prompt prominent venture capitalists including Peter Thiel’s Founders Fund to advise startups to withdraw their money. …

>Founders Fund asked its portfolio companies to move their money out of SVB, according to a person familiar with the matter who asked not to be identified discussing private information. Coatue Management, Union Square Ventures and Founder Collective also advised startups to pull cash, people with knowledge of the matter said. Canaan, another major VC firm, told firms it invested in to remove funds on an as-needed basis, according to another person.

>SVB Financial Group Chief Executive Officer Greg Becker held a conference call on Thursday advising clients of SVB-owned Silicon Valley Bank to “stay calm” amid concern about the bank’s financial position, according to a person familiar with the matter.

>Becker held the roughly 10-minute call with investors at about 11:30 a.m. San Francisco time. He asked the bank’s clients, including venture capital investors, to support the bank the way it has supported its customers over the past 40 years, the person said.

>> No.54033108

>>54033091
10/10
Nah, man, you don’t get to be a successful venture capitalist by taking a long view or investing in relationships or being contrarian. I’m sorry, I’m sorry, this is unfair. Of course they were right — Silicon Valley Bank did collapse, and if you got your money out early that was good for you — but that is largely self-fulfilling; if all the VCs hadn’t decided all at once to pull their money, SVB probably would not have collapsed. [6]

But it did:

>Silicon Valley Bank collapsed into Federal Deposit Insurance Corp. receivership on Friday, after its long-established customer base of tech startups grew worried and yanked deposits.

>The California Department of Financial Protection and Innovation in a statement Friday said it has taken possession of Silicon Valley Bank and appointed the FDIC as receiver, citing inadequate liquidity and insolvency.

The FDIC said that insured depositors would have access to their funds by no later than Monday morning. Uninsured depositors will get a receivership certificate for the remaining amount of their uninsured funds, the regulator said, adding that it doesn’t yet know the amount.

>Receivership typically means a bank’s deposits will be assumed by another, healthy bank or the FDIC will pay depositors up to the insured limit.

>> No.54033132

>>54033108
11/10
SVB’s capital stack looked roughly like this, as of Dec. 31:

-A tiny sliver of insured deposits (that is, deposits under the $250,000 FDIC limit), something like $8 billion worth out of $173 billion of total deposits. [7]
-Roughly $165 billion of uninsured deposits.
-Roughly $13 billion of “short-term borrowings,” meaning mostly Federal Home Loan Bank advances.
-Roughly $2 billion of long-term FHLB advances.
-Roughly $3 billion of long-term bonds.
-Maybe $4 billion of other liabilities, for a total of $195 billion of liabilities.
-About $3.6 billion of preferred stock.
-Common stock with a book value of about $12.4 billion and a market value, on Dec. 31, of about $13.6 billion.

It had assets of about $212 billion on that Dec. 31 balance sheet, though since then it has had to sell some assets and mark others down, and it’s not clear what they’re worth today. The California Department of Financial Protection and Innovation cited “inadequate liquidity and insolvency” when it put SVB into FDIC receivership, suggesting that the assets are worth less than the liabilities. The FDIC’s job, in receivership, is “efficiently recovering the maximum amount possible from the disposition of assets” to distribute to creditors.

>> No.54033133

>>54033091
>expecting Silicon Valley VCs to show loyalty to a fucking bank
That's rich

>> No.54033150

>>54033003
CA is a disgusting third world country

It's hyper wealthy vs hyper poor and nothing in between

They deserve this

>> No.54033153

>>54026167
>Wells Fargo breaking Twitter face to turn into glorified chat support
Retard that's every fucking big company on Twitter, every airline/hotel/tech service/bank/whatever the fuck automatically replies to @'s with "hey dm us for more help". Twitter is just one big fucking tech support website

>> No.54033158

>>54033132
12/10
One obvious question is: If you are “another, healthy bank” working through this weekend to buy SVB and assume its deposits, how much would you pay for the assets, which were worth $212 billion in December? [8] I am pretty sure the answer is higher than $8 billion, the amount of insured deposits: The FDIC will not be on the hook for the insured deposits. The $15 billion of FHLB advances are also quite senior and will presumably be no problem to pay back.

I would also guess — not investing or banking advice! — that the answer will also turn out to be higher than $188 billion, which is the total amount of deposits plus FHLB advances. I say this not because I have done a detailed analysis of SVB’s assets but because it seems bad for the FDIC to wind up a big high-profile bank in a way that causes significant losses for depositors, including uninsured depositors. There was a run on SVB in part because there hasn’t been a big bank run in a while, and people — venture capitalists, startups — were naturally worried that they might lose their deposits if their bank failed. Then the bank failed.

I

>> No.54033169
File: 689 KB, 778x1332, wells fargo twitter first post.png [View same] [iqdb] [saucenao] [google]
54033169

>>54025403
>>54025238
>>54026190
>>54026060
>>54026003
>>54026102
>>54026167
>>54026188
>>54026726

>> No.54033180

>>54033158
13/10
If it turns out to be true that they lose their deposits, there could be more bank runs: Lots of businesses keep uninsured deposits at lots of banks, and if the moral of SVB is “your uninsured transaction-banking deposits can vanish overnight” then those businesses will do a lot more credit analysis, move their money out of weaker banks, and put it at, like, JPMorgan. This could be self-fulfillingly bad for a lot of weaker banks. My assumption is that the FDIC, the Federal Reserve, and the banks who are looking at buying SVB all really don’t want that. If you are a bank looking at buying SVB, and you do a detailed analysis of its assets and conclude that they are worth $180 billion, and you come to the FDIC and say “I will take over this bank and pay the uninsured depositors 95 cents on the dollar,” the FDIC is going to look at you and say “don’t you mean 100 cents on the dollar,” and you are going to say “oh right yes of course, silly me, 100 cents on the dollar.” [9]

Maybe I’m wrong about that, but if I am it’ll be bad!

>> No.54033193
File: 210 KB, 480x401, 1676016502008993.png [View same] [iqdb] [saucenao] [google]
54033193

>>54033158
Your post formatting style is extremely gay and you could've packed all that shit into like five posts.

>> No.54033198
File: 29 KB, 770x476, bill-gates.jpg [View same] [iqdb] [saucenao] [google]
54033198

>>54033180
Final/10
Above that, though, I have no idea. The stock closed at $106.04 per share yesterday (a $6.2 billion market cap, roughly 50% of book value), and was halted today. The preferred was trading at about 60 cents on the dollar yesterday, also closed today. Byrne Hobart wrote the bull case yesterday:

>The simple way to look at SVB from an investing perspective is to separate the ongoing business from the balance sheet for a moment, and ask: what premium does SVB's business deserve to book value, in a hypothetical world where they didn't make a massive rates bet? Over the last twenty years, they've traded at an average of 2.3x tangible book value, and generally at a premium to their banking peers. So a simple way to value the business is to say that the fair value of the business is generally ~100 cents on the dollar in liquidating value and another ~130 cents on the dollar in franchise value. If that liquidating value has been vaporized by a rates bet, the surviving business is still worth a premium to book.

But that was yesterday, and the franchise value melts pretty quickly when you go into FDIC receivership. The bear case is … well, back in November, when crypto exchange FTX was still looking for a rescue (it never found one), I wrote that the traditional price for that sort of rescue is “we will buy your exchange, make sure that all your customers are made whole, and give you a Snickers bar in exchange for 100% of the equity.” That may be where this is heading.

>> No.54033205

>>54033003
if this is the crash then SF is going to get alot worst.
wait awhile and grab a bargain for the long game.

>> No.54033261

>>54033205
>if this is the crash then SF is going to get alot worst.
it'll end up like detroit.

>> No.54033264

>>54033150
if it becomes too unbearable then where do you think the hyper wealthy will go next?

>>54033205
the tech workers there aren't going to lose all their money.
/biz/ and /g/ are meming about how they're all fucked, but they aren't. they're rich enough that losing their job, house, and half their stock value they'd still be millionaires.
if they see a cheap house they'll take it before me, although maybe SF would be completely undesirable to live in with all the jobs eradicated.

>> No.54033320

>>54033198
thanks mang, NFW was i handing anything over to them bloomburg cunts to read that

>> No.54033378
File: 995 KB, 553x700, 1663637136784654.png [View same] [iqdb] [saucenao] [google]
54033378

>>54026703
saved

>> No.54033396

>>54032474
Btc in a cold storage you moron
But both is quite okay. Not optimal though

>> No.54033409

Did a bunch of rich assholes lose money today? Ha ha.

>> No.54033418
File: 5 KB, 259x194, download.jpg [View same] [iqdb] [saucenao] [google]
54033418

My story with chainlink begins in 2004. Someone told me something on a phone dating Chatline. I feel God will show me a sign when it's time to share my story.

>> No.54033445
File: 67 KB, 500x488, 1678152769859353.jpg [View same] [iqdb] [saucenao] [google]
54033445

>>54024618
>can own
Cuck

>> No.54033455
File: 90 KB, 1500x978, 1662548739108687.jpg [View same] [iqdb] [saucenao] [google]
54033455

>>54024698
Pic rel is a better product than any of Roku's offerings.

>> No.54033459

>>54033320
Unlike the rest of Bloomberg, Matt Levine's newsletter can be read free on Newsletterhunt.com, and I highly recommend it.

>> No.54033471

It blows my mind that the fed reserve doesn't have a completely guaranteed 0% interest bank for any USD

Why the fuck do companies like circle have to store cash with such cowboy banks like SVB

>> No.54033498

>>54033471
Running a bank that you can access funds in and out of is not a free exercise?
You want them to do a communist takeover of banking?

>> No.54033508

>>54033264
the more the homeless turn up the more those with the cash will be saying "maybe i dont need to live in a city with shit everywhere".

>> No.54033593
File: 849 KB, 244x264, 1675994472145251.gif [View same] [iqdb] [saucenao] [google]
54033593

>>54032907
>painting the entirety of crypto as a scam when its artificially-induced legal and financial dependence on traditional markets and said market getting rekt is what is causing all of this

>> No.54033613

>>54030338
Bang it on interest free credit and pay her off monthly

>> No.54033676
File: 1.41 MB, 220x220, 123.gif [View same] [iqdb] [saucenao] [google]
54033676

Guess what? Im not selling.

>> No.54033703

>>54033132
ty

>> No.54033705

How will this effect the worthless string of code with no intrinsic value market?

>> No.54033754

>>54033705
The derivatives market has yet to reflect the upset.

>> No.54033769
File: 96 KB, 600x600, ben-carson-on-race-r.jpg [View same] [iqdb] [saucenao] [google]
54033769

>>54033593
He paints crypto as a scam because it has no value beyond grifting rubes with Ponzi.
It's getting wrecked because the 0% interest easy money economy is over and there's not a ton of play money floating about.
But sure, tell me about your shitcoin's "project".

>> No.54033787

This shit happens every fucking I time I don’t pay attention to the world I swear I’m forced to be constantly online so the world doesn’t go to shit

>> No.54033836

>>54033787
FTX, Silvergate, SVB and all the rest are simply the natural result of easy money drying up.

>> No.54033871
File: 1.34 MB, 800x946, 1675474102108379.png [View same] [iqdb] [saucenao] [google]
54033871

Odds other banks follow suit?

>> No.54033893

>>54033871
banking sector is in good shape compared to 2008

>> No.54033900

>>54033871
Weak banks? Maybe. The strong banks are thriving on the high interest rates, and the money will move TO them. SVB (and Silvergate) were double-exposed to high interest risk in a way regular banks were not.

>> No.54033902

>>54033871
Signature is next if so

>> No.54033908

>>54024442
LINK (ticker:BMAC)

>> No.54033913

>>54033836
This. Shit's been coming down the pipe for years at this point, all of it telegraphed beforehand. The FDIC stated they wanted this "wrapped up over a weekend" back in 2022. Everyone knew the easy money was coming to an end and that it would shrek the market when it happened, everyone that wasn't plugging their ears and closing their eyes like a child screaming "LALALALA I CAN'T HEAR YOU!!!" that is. Now they're surprised they got punched in the mouth when they're the reason they didn't see the hit coming. There will be more shakeouts, there will be contagion as a result of this happening, and things will get way worse before they can start to get better. SVB was just the shot across the bow to let even the dumbest of the dumb know it's starting.

>> No.54033936

>>54033893
>>54033900
Gotcha, so...
>>54033902
...I'm seeing a play here boys.

>> No.54033962

>>54024468
what was the original deleted post

>> No.54033996

Does this mean that Commiefornia is getting rekt? Do we actually get some good fucking news for once?

>> No.54034026

>>54033996
It means stupid tech unicorn startups and crypto are on the express elevator to Hell, not sure if that's good for you or not.

>> No.54034044

>>54024697
>forcing cats to do tiktok dances
normie genocide when?

>> No.54034060

IT'S ALL GOING DOWN BOYS, THIS IS THE START OF THE NEXT BIG COLLAPSE, ITS GONNA BE A FUCKING BLOOD BATH MONDAY, MORE BANKS WILL FALL. THE FED IS GONNA BE FARDING AND SHITTING ITSELF

>> No.54034076

toasting in le sticky bread

>> No.54034097
File: 663 KB, 1981x849, Ran_crash.jpg [View same] [iqdb] [saucenao] [google]
54034097

>> No.54034103

>>54034060
All this signals is the end of Clown World Easy Riches. The big tent is folding up.
No actual real banks will be harmed, in fact they'll vulture up the remains of these clown banks.

>> No.54034136
File: 260 KB, 750x1069, 2BAFD939-3035-4A85-B15F-E6211F5C56B0.jpg [View same] [iqdb] [saucenao] [google]
54034136

Lol the /biz/ jannies removed the thread descriptions. This is how you know this is an actual crisis. These comped jannies are in total damage control LolZ

>> No.54034158
File: 389 KB, 1133x638, Capture.png [View same] [iqdb] [saucenao] [google]
54034158

>>54034136
big dumb phoneposting scum

>> No.54034191

>>54029273
my dishwasher literally just broke today

>> No.54034200

>>54030558
Comfy

>> No.54034213

>>54023757
DO NOT BAILOUT SVB #OccupySiliconValley

>> No.54034283
File: 55 KB, 722x349, corona.jpg [View same] [iqdb] [saucenao] [google]
54034283

>>54034213
kek

>> No.54034519

>>54024942
A month or so after the coronahoax when oil plunged to literally zero (even negative for a day).

>> No.54034551

>>54032978
fuck you and your zoom zoom brain, I read it

>> No.54034620

>>54023757
AWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW YEAH

>> No.54034673

>>54033261
So basically blowjobs for funkopops is around the corner?

>> No.54034678

Nothing will happen. All sounds like a nothingburger. Well, I'm back to /chug/

>> No.54034692

>>54025780
you get paid $4000 a fortnight you absolute midwit.

>> No.54034714

>>54023757
serious question: why does this matter?
it's 1 bank, what's the point of stickying this

>> No.54034732

>>54034714
Because it's never just "one bank". They got fucked because of rates rising screwing bonds and made the wrong bet, they were absolutely not the only ones on the wrong side of that bet, and this happening is basically the starting gun for it moving from just one bank to broader finance as a whole.

>> No.54034750

>>54034732
>this happening is basically the starting gun for it moving from just one bank to broader finance as a whole.
nothing ever happens

>> No.54034780
File: 58 KB, 625x626, 1673913205802237.jpg [View same] [iqdb] [saucenao] [google]
54034780

>>54034750
Until it does

>> No.54034828

what happened? usa is collapsing?

>> No.54034903
File: 19 KB, 346x360, 1669051614368167.jpg [View same] [iqdb] [saucenao] [google]
54034903

It's literally a nothingburger

>> No.54034905

<iframe width="480" height="270" src="https://www.youtube.com/embed/04F4xlWSFh0?rel=0&autoplay=1&loop=1&playlist=04F4xlWSFh0&controls=0&showinfo=0" frameborder="0" allowfullscreen></iframe>
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<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:849px;left:1981px;z-index:-10000;" alt="ran">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:849px;left:3962px;z-index:-10000;" alt="ran">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:1698px;left:0px;z-index:-10000;" alt="dorf">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:1698px;left:1981px;z-index:-10000;" alt="ran">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:1698px;left:3962px;z-index:-10000;" alt="ran">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:2547px;left:0px;z-index:-10000;" alt="ran">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:2547px;left:1981px;z-index:-10000;" alt="ran">
<img src="https://i.4cdn.org/vip/1678523646093946.jpg" style="position:fixed;top:2547px;left:3962px;z-index:-10000;" alt="ran">

>> No.54034918

hahahaha based mods

>> No.54034924

HOLY SHIT I had this in another tab and this scared me to death

>> No.54034925

>>54033787
Same. I’ve been hawking this shithole for like 6+ years now expecting something like this to happen. I gave up on caring a couple months ago, and now it may actually be happening again

>> No.54034927
File: 115 KB, 808x801, 1674235348454281.jpg [View same] [iqdb] [saucenao] [google]
54034927

>>54034905
ONE
NOTHING WRONG WITH ME

>> No.54034932
File: 488 KB, 745x880, 1415777918800.png [View same] [iqdb] [saucenao] [google]
54034932

I CAN ONLY COUNT TO FOUR

>> No.54034931
File: 492 KB, 531x667, 1665083032649727.png [View same] [iqdb] [saucenao] [google]
54034931

LEGENDARY MODS

>> No.54034938

WTFWT

>> No.54034942
File: 97 KB, 248x181, 1669988384088649.png [View same] [iqdb] [saucenao] [google]
54034942

FLOOOOOOOOOOOOOOOOOOO

>> No.54034946

What am I looking at here

>> No.54034948

ITS OVER

>> No.54034968

WHAT THE FUCK IS GOING ON

My computer woke me up

>> No.54034996

>>54034905
TWO
NOTHING WRONG WITH ME

>> No.54035005

>>54034905
THREE
NOTHING WRONG WITH ME

>> No.54035058
File: 1.49 MB, 1153x720, 1670614692721583.png [View same] [iqdb] [saucenao] [google]
54035058

>>54034905
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.54035083
File: 51 KB, 436x536, 1607324437047.jpg [View same] [iqdb] [saucenao] [google]
54035083

>sell at a loss months ago
>finally get a job and start buying crypto
>whole economy collapses

thank you, very nice

>> No.54035102

Does anyone have the Lum_Profits pic?

>> No.54035146
File: 55 KB, 600x445, wtf.jpg [View same] [iqdb] [saucenao] [google]
54035146

Just refreshed the page and was not expecting that, at the same time waz..

>> No.54035153

>>54025697
>
lol

>> No.54035221

>>54026875
I'm a retard so I could be wrong, but if the bank fails that provides these loans, don't people still get to keep their homes? If anything wouldn't they be better off since they might not have to pay them back?

Now granted, the payroll thing will be a problem

>> No.54035274 [DELETED] 

https://youtu.be/RMxRDTfzgpU

>> No.54035291

My animal brain is screaming at me to sell everything and buy meat. Bottom signal.

>> No.54035331

>LET THE BANKS HIT THE FLOOOOOOR
>BEATEN TO THE GROUND
>CAN'T RUN MUCH MORE
>ONE NOTHING WRONG WITH SIVB
>TWO NOTHING WRONG WITH SI
>THREE NOTHING WRONG WITH WFC
>FOUR NOTHING WRONG WITH FRC
>SOMETHING'S GOT TO GIVE
>LET THE BANKS HIT THE FLOOOOOOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.54035338

lmao why does a dead board suddenly have this many posters

>> No.54035397

Black Monday, March 13th

>> No.54035417

>>54023757
Posting in epic thread lol

Verification not required.

>> No.54035431

2 more weeks b4 world collapse

>> No.54035443 [DELETED] 

>>54023757
>only boomers would split their money across multiple banks
> you can trust jews
hahahahahahaha
hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

>> No.54035461

>>54035221
pretty sure the debt gets repackaged and sold to someone else.

>> No.54035478

>>54028070
Kek.

>> No.54035510

>>54023757
Meme magic destroys the worlds of technology and finance.
What a wild ride it’s been.


And we’re only getting started

>> No.54035525
File: 360 KB, 500x446, kek-but-fancy.png [View same] [iqdb] [saucenao] [google]
54035525

So much cope from usdc baggies.
They look more and more like ust baggies

>> No.54035543

>>54028400
This. Everyone should have 3-5 years savings at all times. Call it Jewsurance. When I get fired im not even looking for a job for a year. Idc its all fake and Milo.

>> No.54035562

>>54035525
What does this mean ?
GS created Circle which backs USDC.
FTX created UST which backs LUNA and FTX was a scam.

>> No.54035569

>>54028615
CUs will be as badly managed as all the rest. They were all bought over by The Jew.

>> No.54035605

cool backgroud bro

>> No.54035641
File: 882 KB, 1512x1512, jiemi_bubble_pops.png [View same] [iqdb] [saucenao] [google]
54035641

Breaking News: Jiemi holders [Ticker: $GME] are never selling their shares. Sneed hedgies

>> No.54035667
File: 271 KB, 709x357, 1678392551845207.png [View same] [iqdb] [saucenao] [google]
54035667

>>54023757

Why is this fucking pinned? It's a nothingburger like everything else that happens in this dumbass country. Yes, total collapse is imminent. We are all going to die. Everyone run to the woods and hide in your bunkers.

Anybody remember Evergrande?

>> No.54035699

>>54035338
> >>54035431

Because, 4chan is a joke and has been losing user activity the past few months. The mods have to make something up to keep people here.

>> No.54035714

buy gold
total nigger death
sneed

>> No.54035720

>>54035338
We’re waiting for something worth talking to you fags about.

>> No.54035791

https://www.federalreserve.gov/aboutthefed/boardmeetings/20230313closed.htm
>It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, March 13, 2023

>> No.54035844
File: 70 KB, 1388x518, file.png [View same] [iqdb] [saucenao] [google]
54035844

>>54035699
looks pretty stable to me

>> No.54035921
File: 243 KB, 1407x736, Median wealth.png [View same] [iqdb] [saucenao] [google]
54035921

>>54023757
WAR is the only fucking way to solve these problems. Genocide the only option. Let's kill 4 out of 5 humans in this forsaken planet, slaughter all chinese, black, africans, indians populations and turn their fucking filthy corpses into biomass as a ne green energy source.
Let's all weaponize and put an end to this fucking joke of a civilization.

>> No.54035926

>>54034905
AAAAAAAAAAAAAAAAAAAA

>> No.54035935

>>54035844

Ya, that's why a few months ago we had threads that would get filled in a few hours and now we have threads that last 3 days.

>> No.54035981

Say it with me, contagion

>> No.54035982

>>54035921
back to pol please

>> No.54035993
File: 1.44 MB, 896x1152, 1673239868695830.png [View same] [iqdb] [saucenao] [google]
54035993

dead sticky. see you in the real sticky on monday

>> No.54036012

>>54035993
i would sticky between hers

>> No.54036014

>>54035982
>pol
You have to go back, jude.

>> No.54036048
File: 64 KB, 1390x512, file.png [View same] [iqdb] [saucenao] [google]
54036048

>>54035935
facts don't care about your feelings

>> No.54036069

>>54035982
>pol
Why? War is Business. The less filth is left on the planet, the better we shall thrive.

>> No.54036079

>>54036069
thrive? most of us would fucking die yourself included

>> No.54036097

bump
tee hee

>> No.54036134

cringe. Nothing will come of this.
>bailout followed by some faggot buying the dip
another jewish scheme

>> No.54036159

It's over.

>> No.54036162

>>54035921
>>54036069
Are you retarded? A war like that would certainly put us back to stoneages. Maybe worse

>> No.54036176

>>54025368
honestly why would any big company use any other bank than JPMorgan? They literally have 1 trillion dollars in cash
My savings account is less than 250k So i just use my local all white gentile owned bank that doesnt hire blacks or jews or trannies

>> No.54036181

>>54035921
now adjust the graphic for purchasing power per $

>> No.54036194

Do we buy USDC or no?
There is no way Blackrock will let its baby die... right?

>> No.54036198
File: 22 KB, 112x112, atmyfuckingkekit.png [View same] [iqdb] [saucenao] [google]
54036198

Government backed shitcoin that was promised to always stay at $1 losing a tenth of it's value in a night

>> No.54036203

>>54035921
war against all those niggerfags would spell doom for us instead you dumb troglodyte

>> No.54036205

>>54025961
if banks go bankrupt, what happens to their mortgages?


When can I buy my own mortgage for cents on the dollar?

>> No.54036231

>>54036194
blackcuck will crumble next week too
>check em

>> No.54036250
File: 19 KB, 519x292, 1677725764739347.jpg [View same] [iqdb] [saucenao] [google]
54036250

>>54023857
/vt/ standing by, I am kissing my Oshi goodbye for this one.

>> No.54036257

>>54033132
deposits are a liability to the bank, not an asset

>> No.54036261

>>54031070
>There's Always Peng!
ISAAC! I NEED TO SELL YOUR RIG TO BUY MORE PENG

>> No.54036268

>>54036198
>SEC goes after NEXO, Celsius collapses.
>SEC goes after Binance, FTX collapses.
>SEC goes after BUSD, USDC collapses.
Weird, isn't it?

>> No.54036294
File: 511 KB, 600x982, glowie_at_mcdonalds.png [View same] [iqdb] [saucenao] [google]
54036294

>>54036268
glowies gonna glow

>> No.54036299

test

>> No.54036304

>>54036205
https://www.youtube.com/watch?v=3gVpyPF0nk8&t=1695s

>> No.54036308

>>54036079
>>54036162
That's the fucking point; as already stated, the human population needs to be culled removing billions of lives.
There wouldn't be a new stoneage; on the contrary, the surviving nations would have far more leeway and land to operate as they see fit, even through the use of automated solutions and machines.
Allowing africans, chineses and indians to spread only means destruction and the end of any possibile economy in the world. There will only be theft.
Besides, corpses can be used as biomass to create green electricity in rankine turbine systems, so it would also solve other kind of problems.

>> No.54036317
File: 103 KB, 1343x683, READY.png [View same] [iqdb] [saucenao] [google]
54036317

INCOMING.
(also, you can already trade USD/USDC on Kraken with 3x leverage)

>> No.54036325

Based, I hope they nationalize all the banks and railways while they are at it. Fuck capitalism.

>> No.54036332

>>54036317
how insane will it get when it opens? curious what the response will be minus any hype influencing it.

>> No.54036337

>>54036308
>the human population needs to be culled removing billions of lives.
The only people that need to be culled live in India, Central America and Africa. None of those will be impacted by WWIII except maybe India. Everyone else is below replacement fertility.

>> No.54036366

>>54036332
I think wales will liquidate all retail early-longers then they'll go long themselves. They know Circle is going to survive this because they have the backing of Blackrock and Blackrock has the backing of the Glownited States. Its only 7% of the reserves, its not even that much. The profits from notes/bonds probably covered most of it by now.

>> No.54036384

Basado

>> No.54036390

>>54036308
Yeah, you've gotta be from pol. This is too retarded even for biz.

>> No.54036402

>>54036337
You forgot Russia, usa and China

>> No.54036418

>>54036366
won't deny, this is the most interesting crypto has been for years. but yeah, I think you're right. the worst this is gonna do socially is probably bring an end to the tech startup boom, so probably a lot of app companies are gonna suffer and the tech industry as whole at least marginally. this doesn't really come off as a soon to collapse event but curious if I'm wrong though. nice dubs btw

>> No.54036433

>>54036402
The birthrates in all those three countries are already well below replacement levels. Specially when you separate natives from migrants. You want them genocided? Just wait.

>> No.54036473

>>54033498
If it has 0% interest it's effectively paying the government probably more then a normal bank would charge

>> No.54036493

>>54028475
Bullish for RVP

>> No.54036496
File: 103 KB, 348x278, 1678341829422794.png [View same] [iqdb] [saucenao] [google]
54036496

>evergrande
>superbubble
>ukraine
>its taiwan next trust me bro
>europe freezing to death
>diesel shortages
>fertilizer shortage
>food shortages
>the fed isnt unwinding its balance sheet
>quantitative tightening will destroy the market
>credit suisse lehman moment
>Bank of england pension margin calls
>munkeypoxx
>railway strike is coming
>we're already in a recession
>actually the recession is soon and inevitable
>inflation is not coming down
>inflation never comes down when rates arent above it
>consumer credit card debt
>trillions of derivatives on banks balance sheet
>ftx contagion
>dollar strength
>yuan for oil
>gold for oil
>housing will collapse
>the market too

>> No.54036541

>>54036496
>ukraine
>its taiwan next trust me bro
>we're already in a recession
>consumer credit card debt
>ftx contagion
Except these have/are actually happening you fucking faggot

>> No.54036572

I've been crunching some numbers and now I realize why the whole market hasn't dumped on the news.
Turns out Circle has about 7% of their collateral on SVB.
The reason SVB is collapsing is a 2 billion deficit, but they still hold 200 billion under management.
So when they are liquidated, depositors will be made whole on roughly 99% of their original deposit.
Meaning Circle will get back 99% of that 7%.
Meaning Circle will have lost 0.07% of their total collateral.
What we are seeing now is just a liquidity crunch caused by panic, because that 7% represented a 25% of their liquid reserves.
Being a weekend, they probably won't be able to redeem bonds/notes until Monday.
So people are using this as an opportunity to cause panic and profit off retail shorting a stablecoin that by all practical purposes is backed at a 99.93% rate.
In summary: go long, but weary of leverage.

>> No.54036613

>>54036541
And they amounted to nothing, learn to comprehension, turbofag. 2 more weeks for real this time.

>> No.54036632

>>54036613
If you are too low IQ to draw the line between what happened with FTX and what is going on now, I can't fucking help you
>Ukraine amounts to nothing
Big oof my LMT and RTX beg to differ

>> No.54036649

>>54035844
>>54036048
How many of those are bots or AI ?

>> No.54036665

>>54036613
Lol.
everything is collapsing around you while you insist that it isnt amounting to anything.
will the bull shilling ever end....

>> No.54036702

>>54036572
thanks for doing the math for me poindexter

>> No.54036734
File: 143 KB, 2012x864, 1674391449931942.jpg [View same] [iqdb] [saucenao] [google]
54036734

>>54025274
>He still thinks there are safe stable coins...

yikes.

>> No.54036745

>>54036198
>Government backed
it's not

>> No.54036751

This is gonna make BTC pump. Mark my words.

>> No.54036758
File: 142 KB, 1169x932, AF10268D-2CCF-4C7E-9078-5F1FDCED44D2.jpg [View same] [iqdb] [saucenao] [google]
54036758

>>54023757
https://archive.is/zzSmc

>> No.54036762

>>54036572
>>54036332
Only 20 billion of those 200 billion is real .You forgot banks prints money out of ass when they loan .90% of those 200 bilion under there management is probably just numbers on the computer.

>> No.54036791

>>54036572
Well, yes, people are panicing for no reason.

>> No.54036832

>paid damage control fags on full force in every biz thread
well its been fun while it lasted biz , see you lot on monday

>> No.54036840

Shit, how much should I invest in bitcoin right now? Shit's going to surge once people lose trust in the USD on monday.

>> No.54036857
File: 23 KB, 634x300, file.png [View same] [iqdb] [saucenao] [google]
54036857

madness

>> No.54036875
File: 135 KB, 1080x1080, fuckjannies.jpg [View same] [iqdb] [saucenao] [google]
54036875

Kisame...it's over...

>> No.54036883

>SVB has most of their reserves in bonds
>Suddenly their bonds are worthless due to interest hike
>People start cashing out, bank run situation, it fails
>USDC has bonds in their reserves as well
>People are cashing out USDC
>Circle has to sell their bonds
>USDC bank run habbening?

Assuming Circle has less than half of their reserves in bonds, wouldn't this still mean USDC has a long way to go down?

SVB failed because their bonds were worthless, isn't it the same for Circle?

>> No.54036889
File: 240 KB, 841x778, 1676515820490314.jpg [View same] [iqdb] [saucenao] [google]
54036889

>Turned out USDT was unironically the safest place to put your funds despite the fud.

Dilate and have sex USDC trannies.

>> No.54036904

Should I go all in HBAR

>> No.54036950

>>54036613
>learn to comprehension
ESL much

>> No.54036979

>>54036883
No because you don’t know the character of circle’s reserves. They could have a ton of cash or t-bills. So if they have less than half of their reserves in bonds they could be holding a significant amount of cash or cash equivalents effectively protecting them from a run

>> No.54037016

>>54036979

I don't understand

If say 40% of their reserves are now worthless bonds the same as SVB's, exactly how would they be expected to be solvent in the event that a lot more people start cashing out their USDC?

>> No.54037080

>>54036268
I honestly thought that /pol/ was memeing and Jews always win. How could bank man lose

>> No.54037184 [DELETED] 
File: 2.85 MB, 370x377, 32C5FCD2-374F-4FBD-8E74-C12D390CF199.gif [View same] [iqdb] [saucenao] [google]
54037184

>>54036875
ALL THE REDDITOR NPCS MUST GO BACK
YOU WILL NEVER BE A WOMAN
FUCK NIGGERS
FUCK BOBOS
FUCK KIKES
FUCK JANNIES

>> No.54037222
File: 1.20 MB, 1398x1069, 98B5785B-B229-46D2-860C-9CDBAC001CBE.jpg [View same] [iqdb] [saucenao] [google]
54037222

this will not stand before kleros court

>> No.54037247

>>54037016
1) you don’t know how much of their reserves are bonds. It could be significantly lower than 40%
2) not all bonds are the same. Svb’s bonds could have been worth substantially less than circle’s depending on when they were purchased
3) you would need a fuck ton of withdraws to overcome the liquidity that circle potentially has (potentially 60% in your example). Even if a fuck ton of fags started withdrawing they could cover or seek external support to cover any holes which they would probably receive since they’re not a retarded bank whose majority of ‘assets’ were probably loans to meme worthless tech startups

>> No.54037284

>>54036883
>suddenly
why do people say this
its not sudden

>> No.54037358

>>54037247
All great points.

>> No.54037361
File: 224 KB, 587x587, 1676680262740522.jpg [View same] [iqdb] [saucenao] [google]
54037361

>>54037080
Banks will continue to collapse ubtil morale improves.

>> No.54037364
File: 193 KB, 400x400, pinkjak.gif [View same] [iqdb] [saucenao] [google]
54037364

>>54023757

>> No.54037404

>>54033498
Yeah sure. Nothing the government does is a free exercise.

If i don't mind funding attack helicopters and kill squads to go kill Afghani children, why should I mind the fed providing a basic financial service that only the most risk adverse institutions will use. We can bar individuals with less than 250k if it helps

>> No.54037452
File: 350 KB, 1054x525, rage.jpg [View same] [iqdb] [saucenao] [google]
54037452

BURN IT ALL TO THE FUCKIN GROUND

>> No.54037466
File: 17 KB, 219x230, 1652672574200.jpg [View same] [iqdb] [saucenao] [google]
54037466

>> No.54037475 [DELETED] 
File: 23 KB, 400x400, 1542242885833.jpg [View same] [iqdb] [saucenao] [google]
54037475

Guy, what this all comes down to is: Niggers Tongue My Anus.

>> No.54037499
File: 628 KB, 962x620, 1676645067018760.png [View same] [iqdb] [saucenao] [google]
54037499

>>54037404
The FED is not the government the Feds job is to tard wrangle the Gov when they do something retarded like say print 70% of all US dollars ever printed in 1 year. Causing inflation to hit nearly 10%.

The issue is the FED was overly willing to bail everyone out the last 13 years so now the FED is doing their actual job everyone is panicking. Keep in mind this shit happened throughout the 80s-90s.

https://en.m.wikipedia.org/wiki/Savings_and_loan_crisis
>The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 32% (1,043 of the 3,234) savings and loan associations (S&Ls) in the United States from 1986 to 1995.

Nothing ever happens because we are returning to the norm.

>> No.54037506

>>54026819
Baal is a title, meaning lord, roughly. In the bible there is a Baal mentioned that is an evil deity, but it's speculative which one because again, title, and people are using the title as a byword for the proper name of this deity because it's taboo to refer to by name.

>> No.54037528

Niggers

>> No.54037531

Should I sell my USDC ? I have 85k, currently at valued at 77k? Haircut or no haircut?

>> No.54037564

>>54036496
>>europe freezing to death
This was NEVER going to happen, the only people who said this has never set foot in Europe.

>> No.54037576
File: 2.99 MB, 640x640, chips-bald.gif [View same] [iqdb] [saucenao] [google]
54037576

I live in a van by the river and poach/forage my food. Not my problem.

>> No.54037619

Recession when???

>> No.54037623

this is just the beginning
/biz/ will ultimately be locked down due to the amount of anons in this board uploading their suicides in 4MB webms

>> No.54037652
File: 63 KB, 851x564, 2156468.jpg [View same] [iqdb] [saucenao] [google]
54037652

FTX > Silvergate > SVB > ???

>> No.54037713

>>54037623
That's when i started buying shares last time so sounds good.

>> No.54037782

>>54037652
CREDIT SUISSE

>> No.54037812

>>54037652
US

>> No.54037822

>>54037619
started 8 months ago

>> No.54037826

>>54037623
Lol

>> No.54037828
File: 319 KB, 1080x893, 0284CFB4-E4A5-44DC-8D5E-F0415768FAFA.jpg [View same] [iqdb] [saucenao] [google]
54037828

LOL

>> No.54037843

>>54036883
SVB died because they were exposed to Silvergate + panic caused by Silvergate collapse. Selling bonds at loss was just the final nail in the coffin.

>> No.54037858

>>54037652
Coinbase

>> No.54037861

>>54037828
TOTAL
JEET
FLUSH

>> No.54037862

>>54037828
its over sirs

>> No.54037868

>>54037828
sirs…please redeem

>> No.54037878
File: 118 KB, 498x493, 125465680.gif [View same] [iqdb] [saucenao] [google]
54037878

>>54037782
>Credit sus

>> No.54037887
File: 1.09 MB, 1419x820, 2023-02-20.png [View same] [iqdb] [saucenao] [google]
54037887

What will happen to ARKK when people realize these non-profitable innovators and geniuses now also don't have half the cash they were supposed to in their balance sheet?

>> No.54037895

>>54037828
They redeemed

>> No.54037898
File: 66 KB, 848x1024, 1616537704177.jpg [View same] [iqdb] [saucenao] [google]
54037898

>>54037531
honestly don't. They have still 90% of their reserves at worst. They can buy up more than sellers can redeem

>> No.54037903

>>54037652
BofA

>> No.54037907
File: 313 KB, 680x566, img.png [View same] [iqdb] [saucenao] [google]
54037907

>>54037828
sirsters.... not like this..

>> No.54037937

>>54026676
A chinese bank

>> No.54037943
File: 30 KB, 344x282, 1675722714913835.jpg [View same] [iqdb] [saucenao] [google]
54037943

>> No.54037951

Burn it all down. That's what you likes get for denying me affordable housing and a cute wife that isn't poisoned by your agenda.

>> No.54037964

>>54037951
they will all get bailed out with your tax money

>> No.54037993

>>54037937
>China will coll-AAAAAACK!

Make this shit trend, this is the oportunity u have been waiting for ...again!

>> No.54037997
File: 476 KB, 512x512, Black_swan__orange_beak_with_glowing_eyes_and_red_background_in_nightmare_world__oil_on_canvas_by_Arthur_Suydam_59cyhqowsr82.png [View same] [iqdb] [saucenao] [google]
54037997

So are they going to keep trying to convince the suckers that everything is fine until they can't get they ANY cash back at all?
In these kinds of situations, it always seems they try to do everything they can to keep as many people as they can in the system, so they lose it all.

>> No.54038038
File: 1.23 MB, 1288x2076, 1676469387605390.jpg [View same] [iqdb] [saucenao] [google]
54038038

>>54037993

>> No.54038164

>>54038038
americans doing voodoo youtube dances to hex chine

>> No.54038202
File: 57 KB, 941x534, KRAKEN.png [View same] [iqdb] [saucenao] [google]
54038202

This happened on Kraken just now.
Somebody market bought enough USDC to take it back to $1 (then immediately got battered down).
Whales are getting ready boys.
Buy now or regret the easiest 10% of your life.

>> No.54038217

>>54038202
nvm, I reloaded the site and the bar is now gone.
UI bug I guess.
Or perhaps they are hiding something...

>> No.54038264

>>54025839
Wellsey is literally old Jewish Money.

>> No.54038277

Why did it take so long for moody's to see the problem? They were going to change the rating by a few notches on Wednesday.
How come the process wasn't more gradual? Interest rates were at this level back in October too. It's been 6 months

>> No.54038354

>>54038202
what retard would market buy like that instead of setting up a spot buy at 0.92 or something

>> No.54038388

>>54038354
Scamwick?

>> No.54038416

>>54037964
This forever and a day. Cunts just don't get it when fiat money is involved, bailouts are the easy solution framed to look hard.

>> No.54038437

>>54038277
>Moody's

Lol, lmao - it's a scam anon. Didn't you learn from 2008?

>> No.54038485

>>54026723
bait

>> No.54038530
File: 239 KB, 906x1093, Sers.jpg [View same] [iqdb] [saucenao] [google]
54038530

I have a friend who works in the UK branch of SVB. Shieeeet.

He's out of a job, and his stock options are now worth zero.

>> No.54038547

>>54026464
Kill yourself

>> No.54038647
File: 118 KB, 980x647, Fq8bpYCXgAIQQUZ.png [View same] [iqdb] [saucenao] [google]
54038647

https://www.cnbc.com/2023/03/11/silicon-valley-banks-demise-began-with-downgrade-threat.html?__source=sharebar|twitter&par=sharebar

kek

>> No.54038659

>>54027513
Imagine believing this

>> No.54038713

>>54034191
that's craszy, a broken dishwasher just flow over my house

>> No.54038805

>>54037652
>Bankman will go down in history as the one who caused the greater depression

>> No.54038848

>>54028127
clueless retard

>> No.54038902
File: 326 KB, 492x376, 1631241073463.gif [View same] [iqdb] [saucenao] [google]
54038902

>>54023757
A collapse is imminent. There is no way the fed won't bail them out this year.
1. People are, have and will continue moving their money from banks AND stocks into CDs that offer more competitive interest rates.
2. Banks are stacked to the tits with 1-2% loans and the fed fund rate is 5% and will continue to go up. Banks are losing there asses right now. Big ones can simply weather the storm longer.
3. People are stacked to the tits with debt and are getting squeezed like the banks with higher interest rates, while wages stagnate and inflation continues.

We are fucked.

>> No.54038924

>>54037828
TOTAL PAJEET FRESH
WASH PAJEETS. RINSE PAJEETS. ROUNDHOUSE KICK A PAJEET INTO THE LOO. SLAM DUNK A PAJEET BABY INTO THE LAUNDRY BASKET. BRUSH FILTHY RASHEEDS. DISINFECT IN A PAJEETS STREET. LAUNCH PAJEETS INTO THE SHOWER. BIO WASH PAJEETS IN A LAUNDROMAT. TOSS PAJEETS INTO ACTIVE SAUNAS. FLUORIDITE INTO A PAJEETS SWIMMING POOL. JUDO THROW PAJEETS INTO A JACUZZI. TWIST PAJEETS ZITS OFF. REPORT PAJEETS TO THE CDC.

>> No.54039085
File: 388 KB, 791x1813, 1677759214284811.png [View same] [iqdb] [saucenao] [google]
54039085

dont panic guys, SVB has a A rating, so its all good.

>> No.54039126

>>54037652
Wells Fargo

>> No.54039146
File: 366 KB, 610x715, 890.png [View same] [iqdb] [saucenao] [google]
54039146

>>54038902
That's the best part if the FED bails them out it will cause Inflation to spiral even harder out of control putting more pressure on the banks and institutions as increased inflation will mean less money being saved and more credit being used setting the banks up for more runs and collapses not less.

Remember Leahman Bros was the 5th largest bank and the FED let them die. The FED isn't going to save the 16th largest bank and risk being forced to bring about Paul Volcker interest rates.

>no bail out until 2% inflation is achieved
>or bailout and inflation sky rockets requiring more rate hikes to kill it

There is no win for the FED.

>> No.54039203

>>54038902
>>54039146
you guys are both retarded.
there are no bails-outs anymore.
the FDIC has started the bail-in process for SVB.

>> No.54039205

how have the mutts fucked their own economy this time

>> No.54039210
File: 292 KB, 1152x2304, Screenshot_20230311-094233.png [View same] [iqdb] [saucenao] [google]
54039210

I went to top up my CB Visa today and got pic related. Operation Chokepoint.

>> No.54039247
File: 536 KB, 1242x1490, 1677327306804363.jpg [View same] [iqdb] [saucenao] [google]
54039247

>>54039203
How can I be retarded if I don't keep my wealth in a bank?

>> No.54039293

>>54027188
Based anon. Ty.

>> No.54039422

>>54026819
I'm not familiar with this specific case, but generally when one religion replaces or supllamts another the losing diety is incorporated somehow. So if the Jews are historically enemies of whatever fertility religion with an emphasis on animal husbandry and growth, then a few hundred years later when they write their Jew book documenting their interactions they'll probably include the diety as a bad guy. We have to be careful to consider modern interpretations like other anon says. Baal might actually be neutrally depicted and nowadays we just associate it with muh Satanic paganism because people see the horns and think Devil, even though I don't think Satan has horns anyway and thats a modern addition as well? I'm more into pagan mythology myself. Sometimes we see outside gods incorporated in other ways though. This is a theory behind Hades kidnapping of Persephone. Happens all the time in pagan myths.

>> No.54039452

>>54031501
>zoomies protest like a bunch of queers.
Zoomers are extremely violent compared to the limp dick Millennial occupy protests. The Summer of Peace being so violent caught the Boomer overlords and their inept peons in the security apparatus entirely by surprise.

>> No.54039473

>>54025956
Newfag

>> No.54039500

>>54030536
Its nothing to do with the fact its spring break, its just the timing of options expiring that has these kind of events happen. Also the farming cycles have more to do with financial collapse than you would ever expect, Autumn and Spring are where disaster always lurks because food is the most important commodities.

>> No.54039504

>>54025769
SVB wasn't holding 25% of circles assets you stupid fuck. Circle keep 25% of their assets in cash reserves, equally split between 8 banking partners, SVB being one of them. The loss will be plugged by interest soon enough.

>> No.54039525 [DELETED] 

Everyone please I need 1k USDC to pay my bills I know it might not be worth anything but the hope at this point is all I need.
0x55b7806dB44DDdF5DcC6F4A9F3C8cEd0975A355A

Please fellas someone save my ass before I KMS

Also the tranny janny that made this thread put an anime faggot in the background, if you donate to me I'll dedicate my life to exposing 4chan jannies, I found 3 that live in my city not even kidding.

>> No.54039538

>>54039293
no no no, >>54027188 is retarded.
SVB didn't fail because their tech investments didn't pan out.
SVB bought bonds at the top of the market and "Held to Maturity" (HTM) to avoid realizing losses.
Then they needed cash so they had to actually realize losses on the bonds.

>> No.54039616
File: 59 KB, 1070x603, IMG_20230311_025722_125.jpg [View same] [iqdb] [saucenao] [google]
54039616

What will happen on Monday? What to buy on the stock exchange?

>> No.54039632

How do I turn off this fucking background?

>> No.54039651

>>54025883
Bet that faggot doesn't wear that sweater anymore

>> No.54039678

>>54025892
I think Cramer shills things in the complete opposite of wat ur supposed to do so he doesn’t get in trouble for inserting reading or somthin idk it’s too fuckin obvious his calls are Down syndrome tier shekel pimping

>> No.54039698
File: 155 KB, 780x520, Dr B and all the frens.jpg [View same] [iqdb] [saucenao] [google]
54039698

>>54033871
I predict the next failures:
-Wells
-JP Morgan
-BofA
Let the bodies hit the floor.

>> No.54039708

>>54039632
no kidding. How do I turn it off?

>> No.54039715
File: 3.86 MB, 480x269, DFC3EB07-52D4-4161-AEBE-A56FE17B2270.gif [View same] [iqdb] [saucenao] [google]
54039715

>>54027401
but old enough to live through the global sovereign debt crisis that’s coming soon(^;

>> No.54039760
File: 62 KB, 750x402, Hangrycat.jpg [View same] [iqdb] [saucenao] [google]
54039760

>>54035641
Nice to see you, fren.
WAGMI.

>> No.54039777
File: 106 KB, 960x720, Urusei Yatsura - 035&amp;036 [BDRip 960x720 x264 AAC].mkv_snapshot_09.19.357.jpg [View same] [iqdb] [saucenao] [google]
54039777

>>54039632
>>54039708
Get fucked faggots

>> No.54039781
File: 244 KB, 804x664, cheers.png [View same] [iqdb] [saucenao] [google]
54039781

kek bankies

>> No.54039790

>>54039760
WAGMI baby. This shit has me so fucking hyped for monday and ensuing months to come. We are about to find the fuck out. Here we go BOYS! LFG!

>> No.54039812

All anime faggots need to die.
You too jan jan
>>54039777

>> No.54039839
File: 26 KB, 280x280, 1677757219042744.jpg [View same] [iqdb] [saucenao] [google]
54039839

>>54039812
love you too anon

>> No.54039847

Is it actually happening this time

>> No.54039873

>>54039616
Puts on banks.

>> No.54039875

>>54039632
>>54039708
>ublock origin
>right click background
>block element
I tried doing it from inspect element but couldn't figure it out because chrome sucks and I'm retarded.

>> No.54039902
File: 4 KB, 225x225, lions.jpg [View same] [iqdb] [saucenao] [google]
54039902

hello fellow lions
have you all been buying the banks ;)

>> No.54039906

>>54039847
I don't see how it can't be but I'm also totally illiterate concerning all of this
the line of thought stems from how absolutely irredeemably fucked everything else is, there's hardly any more room for anything to get worse, though that's the only direction it can go at all

>> No.54039920

my coinbase and roku puts will print on monday

>> No.54039930
File: 30 KB, 585x606, 1677491496956565.jpg [View same] [iqdb] [saucenao] [google]
54039930

Just took 70% of my money out of the bank. Now what?

>> No.54039933

>>54039875
THANK YOU

>> No.54039990

>>54039930
spend it like its going out of style

>> No.54040007
File: 2.48 MB, 594x414, 1678077620029144.gif [View same] [iqdb] [saucenao] [google]
54040007

>Work email comes in from the CEO of my company.
>Over half our cash reserves were in SVB
>It was the payroll account
>Supposedly its been resolved and payments will go through as usual.

This place has been around for about 15 years so we're probably not going down in flame, but this is going to destroy so many businesses. 2 more weeks!

>> No.54040041

>>54040007
Why keep company money in such a shit tier bank.
Jogs the noggin.

>> No.54040066

I have 100k cash in my tda account. Should I buy 1 month treasuries or something or keep the cash for slurping? I'm thinking treasuries or even going short since it's a long way down from here and won't play out only over the course of a week.

>> No.54040068

>>54040007
What's your ticker?

>> No.54040085

Who will be the winners on monday /biz/ ?
/pmg/ and /cmmg/ ?

>> No.54040087
File: 3.68 MB, 569x320, jiemi_vs_market.gif [View same] [iqdb] [saucenao] [google]
54040087

>>54039790
WAGMI my fren, i definitely know that when the market will shit it's pants, i will be there - comfy with my stocks in computershare. WAGMI and we told you so.

>> No.54040123

>>54040000

>> No.54040146
File: 138 KB, 1028x936, 0EE24076-25FC-48A7-9A62-DC022E7BA186.jpg [View same] [iqdb] [saucenao] [google]
54040146

Posting to remember I was here before the crash

>> No.54040157

>>54040041
a startup banking with SVB was supposedly a badge of honor

>> No.54040195

Is the FDIC a going to find a buyer for this shit or what

>> No.54040206
File: 266 KB, 2000x1500, ChadCatto.jpg [View same] [iqdb] [saucenao] [google]
54040206

>>54040146
Me, too Posting in le epic bread.

>> No.54040221

I'm not American
Somebody give a short answer /QRD

Is crypto dead? Is goybase finished?

When are they going after Binance?
Will we "make it" no matter if in one or two years from now?

>> No.54040260
File: 306 KB, 798x672, MENOTSTINK_ME_LINK.png [View same] [iqdb] [saucenao] [google]
54040260

damn this is the most based thread of the day

>> No.54040267 [DELETED] 

>>54023757
kys janny
0x55b7806dB44DDdF5DcC6F4A9F3C8cEd0975A355A
Give me money you stupid niggers unless you are a fucking janny faggot defender.

>> No.54040305

>>54040195
No. SVB has too many toxic assets.

>> No.54040345

>>54037828
and it's the reason it's collapsing pajeet

>> No.54040356
File: 887 KB, 1146x781, BB4CDACB-8D00-40D8-BCB9-50E1302270CE.jpg [View same] [iqdb] [saucenao] [google]
54040356

I will soon be just as rich as someone who has worked their entire life and I’ve never worked. I’m feeling good bros

>> No.54040371

>>54023757
sneed

>> No.54040490

>Great Depression 2.0 begins
>only 1000 replies
/biz/ is dead

>> No.54040497

>>54026368
I can be homeless, I have been, these niggers fear being homless.

The hardest part is sleeping.

>> No.54040510

>>54040371
based

>> No.54040523

QRD?

>> No.54040546

>>54040490
Stale meme

>> No.54040551
File: 67 KB, 1053x936, 1678402386323217.jpg [View same] [iqdb] [saucenao] [google]
54040551

>>54040497

>> No.54040597
File: 7 KB, 101x101, 1670719826486241.gif [View same] [iqdb] [saucenao] [google]
54040597

I'm just here to laugh at you

>> No.54040625

>>54023757
What the actual fuck is this background, I'm leaving the thread.

>> No.54040628

>>54039538
It was a mix of both things (mainly yours though), one of the reasons they needed to get liquidity from somewhere (in this case, their shitty bonds) was because they gave loans to utterly garbage companies that were unable to pay them back.

>> No.54040629

>>54040007
>15 years
>about when zero interest rates started.

>> No.54040659

>>54040625
The same furry faggot janny who ruined this board and is removing my begging posts, because he's a jealous nigger cum eating faggot.

>> No.54040684

Save me in the cap, had to drop a rap

Banks made of silicone, tryna get their billions on

Spent 2 years preparing, I was really in the zone, investments and stock, DRS, made it my own

Prepared for once, now I feel grown, experienced losses along the way, this I condone

We were screaming for 2 years, feeling alone, rest of you fuckers better catch up, shit is about to get blown

~ye-bot~

>> No.54040696

>>54040659
there are jannies on this board? News to me

>> No.54040713
File: 56 KB, 552x599, 1678551720200.jpg [View same] [iqdb] [saucenao] [google]
54040713

Why replies over 1000

>> No.54040727
File: 932 KB, 1244x840, 1675713780994228.png [View same] [iqdb] [saucenao] [google]
54040727

Isn't it strange all this went down on the eve of spring break?

>> No.54040790

FAKE NEWS IT'S ALL BULLSHIT

>> No.54040798

>>54037828
Didn’t do the needful

>> No.54040826

itz habbeningzzz

>> No.54040828

dont you peons get it? Nothing ever happens. The economy, banks, money, its all fake bullshit, theatrics, bread and circus. The government can just wave its magic jew wand and make all of this go away in an instant. Its all fake.

>> No.54040874
File: 194 KB, 1820x812, file.png [View same] [iqdb] [saucenao] [google]
54040874

>>54040828
>nothing ever happens
meanwhile

>> No.54040889 [DELETED] 
File: 131 KB, 759x710, 1673818806076864.jpg [View same] [iqdb] [saucenao] [google]
54040889

>>54028378
Most Americans are gay and deserve to be shot, I am not better than nigs I am far worse.

>> No.54040892

>>54025871
Don’t know what to react but feels like this post should’ve gotten more (you)s

>> No.54040901

>>54040828
>The government can just wave its magic jew wand and make all of this go away in an instant.
That thinking gets you two digit inflation.

>> No.54040902

>>54040828
This
You g*yim are no match for the talmud

>> No.54040906

>>54040828
the danger to ((it)) is people seeing that, yes, precisely, it's all fake, they have no wealth, and that money is indeed worthless

>> No.54040920
File: 398 KB, 1536x1536, 1663950100113675.jpg [View same] [iqdb] [saucenao] [google]
54040920

>>54040828
https://youtu.be/xEk-sVHa5Z0
Anon, we just react... and we make a lot of money if we get it right.

>> No.54040937

>>54040828
>The government can just wave its magic jew wand and make all of this go away in an instant. Its all fake.
Yea we can just print money and all be billionaires! I was a little worried there for a second... thanks anon.

>> No.54041040
File: 42 KB, 613x680, FqTfhU2aIAEcOUN.jpg [View same] [iqdb] [saucenao] [google]
54041040

>>54023757

>> No.54041144

>>54025892
Isn't the old rule to do the opposite of what Cramer says?

>> No.54041182

music isn't playing, send help

>> No.54041237

>>54029362
How long has your sister been on onlyfans?

>> No.54041247

>>54040085
If things hyperinflate, yes. But the money supply has been contracting recently, which means that a depression may follow instead, in an attempt to save the dollar. The future is just pretty uncertain

>> No.54041303

>>54040628
>It was a mix of both things (mainly yours though)
no, it wasn't even slightly a 'mix of both'.
the HTM bonds we so far in the red if they had to sell them back in January they would've been bankrupt.

>> No.54041338
File: 44 KB, 899x521, SHEEIT.png [View same] [iqdb] [saucenao] [google]
54041338

You *DID* buy the dip, didn't you anon?

>> No.54041369

>>54041338
Oh no Anon... tell me you didn't fall for the trap... You realize it's literally going down to 0 on Monday, right?

>> No.54041385

>business model is giving loans to extremely risky tech startups, yet still be a bank
>buy 30Y maturity bonds as reserves while the Fed keeps increasing interest rates
>if enough tech startups fail or enough people want their deposits back you will be forced to realize your bond loss to increase your liquidity and fulfill your obligations
Were they retarded or too optimistic?

>> No.54041418
File: 281 KB, 1981x849, stopbackground.jpg [View same] [iqdb] [saucenao] [google]
54041418

Disable background before you have an aneurysm
||https://i.4cdn.org/vip/1678523646093946.jpg in ublock

>> No.54041465

>>54041369
I got a stop loss. If I'm wrong I lose 10%, if I'm right I win 10%. Either way its not going to change my life.
But if I win I'll spent the earnings on a top shelf hooker that's for sure.

>> No.54041469
File: 281 KB, 1272x1274, aimar11.png [View same] [iqdb] [saucenao] [google]
54041469

chatgpt explains the implications of what happen

>> No.54041471

So glad I'm involved in stocks that are hedged against a market crash. We've been waiting for this and now it's here.

WAGMI, sorry crypto bro's.

>> No.54041475

>>54041418
No it’s great.
Lum is watching it all burn.

>> No.54041502

>>54041303
Eh, unrealized losses aren't relevant (until they are, kek)

>> No.54041518

>>54032194
Thanks anon. This is the best explanation Ive seen that isnt conspiracy posting.

>> No.54041586
File: 34 KB, 577x597, 1675199014228615.jpg [View same] [iqdb] [saucenao] [google]
54041586

Lmfao
PM CHADS!!!!!!!!!!!!!!!!!!!!!!
CASHGANG LORDS!!!!!!!!!!!!!!!!!!!!!!!!
WE
FUCKING
RISE!!!!!!!!!!!!!!!!!!!!!!!!!!!
WTFF DO THESE EQUITY & CRYPTO FAGGOTS HAVE TO SAY NOW?!!?!?
HUH?!?!!?!?
EAT MY GOLDEN COCK!!!!!!!!!!!

>> No.54041601

>>54033455
I agree. Im no nvda-tard, but I bought the original shield like 7 years ago and it just werks. Streams games from my PC flawlessly, apple+, prime, netflix work great. Honestly I cant remember the last time I had to reboot it for a glitch.

Based real Chinese Taiwanians.

>> No.54041638
File: 726 KB, 826x896, 1672694442556471.png [View same] [iqdb] [saucenao] [google]
54041638

>>54041475
that's not Lum, retard

>> No.54041655

>>54026464
Show your bussy with timestamp or gtfo

>> No.54041672

>>54026240
It's gonna be a bail-in nigger. They want to liquidate the boomer pension

>> No.54041683
File: 7 KB, 290x174, download (11).jpg [View same] [iqdb] [saucenao] [google]
54041683

>>54037828
Birdie num num

>> No.54041691

>>54027507
Kong fu panda wasnt lyin

>> No.54041694
File: 129 KB, 1080x661, Screenshot_20230311_121702_Chrome.jpg [View same] [iqdb] [saucenao] [google]
54041694

Since economic movements move like a glacier. While you wait take a load off and listen to Peter Lynch discuss investing and market fluctuations specifically crashes and panics.

https://youtu.be/myu4Nv0pt0U

>> No.54041710

>>54041469
>could
>may

AI is unintellectual because it can't escape the use of weasel words.

>> No.54041712

>>54041638
Whatever that’s what anon named the picture further up the thread.
It’s some anime girl who is smug, and the smugness is what matters.

>> No.54041717

>>54023757
ran

>> No.54041734

>>54038805
Who doesn't want to have his own name in history?

>> No.54041735

>>54039678
I'm putting 10 grand into the Inverse Cramer ETF come Monday.
https://web.archive.org/web/20230311122132/https://www.thestreet.com/etffocus/blog/inverse-cramer-etf-is-live

>> No.54041742

>>54036758
>3.3 bln
>33
message received

>> No.54041763

>>54026970
So... Red Monday? If so I'll sell my stocks now

>> No.54041773
File: 73 KB, 704x588, SOXL_just_buy_and_hold.png [View same] [iqdb] [saucenao] [google]
54041773

>>54041712
It's Ran she buys SOXS an inverse triple leveraged semicinductor ETF market crash is good for her.

Lum buys SOXL a triple leverage semiconductor ETF. SOXL is a meme in the /smg/ board because triple peveraged microsectors being held long terms is the stupidest thing you could ever do.

>> No.54041786

>>54041712
she's from the same anime so I'll give you a pass, but if you ever make the same mistake again I will find you and kill you

>> No.54041787

>>54028314
So there's some silver lining

>> No.54041797

>>54026769
>only one of them is in the top 100
I hope he mentions this every morning

>> No.54041800

>>54038902
>There is no way the fed won't bail them out this year.
I wouldn't be so sure. 200 billion is not that much money. They'll probably just nudge the fatcats into buying out SVB

>> No.54041809
File: 11 KB, 249x249, Hangrycat and Fren.jpg [View same] [iqdb] [saucenao] [google]
54041809

>>54040684
Fucking luv ya, YeBot. See you on the other side. WAGMI (I'll be the one with a cat flag on my turbo yacht)

>> No.54041819
File: 21 KB, 253x293, 1642815259215.jpg [View same] [iqdb] [saucenao] [google]
54041819

>>54040828
It was real enough to the women of Germany who were selling tricks on their daughters for bread during the Weimar collapse.

Not saying that is whats happening here or will happen. Its just that institutions matter in society.

I know you zoomers are all brainwashed liberals who think nothing bad can ever happen in the iphone age, but history does repeat itself.

There is one thing conservatives beleive above all others:. It can always get worse.

>> No.54041862

>>54037828
Jesus fucking Christ

>> No.54041882
File: 269 KB, 1536x2048, 216312126.jpg [View same] [iqdb] [saucenao] [google]
54041882

fuck lads, should i run to the store and buy canned food and to the bank and get my money or is nothing.jpg?

>> No.54041889

>>54041819
We already have women getting their sons’ dicks chopped off to try to make them little girls, and there are minors doing drag shows and have for years at this point like Desmond Is Amazing. There’s another one, I forget the name. It’s sickening.

>> No.54041895
File: 171 KB, 693x789, 1677908377873518.png [View same] [iqdb] [saucenao] [google]
54041895

>>54028378
Maybe, it's jealousy?

>> No.54041900

>>54037843
>SVB died because they were exposed to Silvergate
Were they really? I couldn't find anything about it.

>> No.54041931

How much of this was incompetent bank management and how much was a deliberate takedown of an inconvenient industry?

>> No.54041939

RIP them tech startups

>> No.54041946

>>54029118
>inflation mainly because of supply side constraints
Take a look at the SNB and inflation in switzerland. You coultn‘t be more wrong

>> No.54041949

>>54041931
100% Incompetent. Lending to "tech" start-ups who couldn't get money anywhere else and going all in on bonds.

>> No.54041953

>>54023757
cool beans

>> No.54041981

>>54026676
If digits, it's Blackrock with Vanguard

>> No.54041982

>>54036883
Their bonds didn't become worthless, but they took enough of a loss that they needed to raise over a billion dollars to backstop customer deposits.

>>54037843
you can't ignore the effects of the tech industry as a whole contracting a bit. cash is flowing out of silicon valley (the location, not the bank) and has been for a few months; by nature, these same companies are drawing down their back accounts. their direct exposure to Silvergate was minimal.

>> No.54042001

>>54040889
>hyperborea
lmao do fashoids really believe their retarded fantasies?

>> No.54042012

>>54026676
Wells
Debit Suisse
JP Morgan
Last but not least is BofA

>> No.54042031
File: 20 KB, 324x242, c5d.jpg [View same] [iqdb] [saucenao] [google]
54042031

>>54028378
Neighbors?

>> No.54042037
File: 3 KB, 225x225, image3s.jpg [View same] [iqdb] [saucenao] [google]
54042037

:STOPMUSIC:

>> No.54042051

>>54041931
>deliberate takedown of an inconvenient industry?
?? Tech has been the saving grace of American economy for decades.

>> No.54042052
File: 256 KB, 1284x721, 72EB9769-D93A-4617-AD15-613B7CD35E5E.jpg [View same] [iqdb] [saucenao] [google]
54042052

It’s actually over isn’t it?

>> No.54042079

>>54041949
That was not the issue, dumbass. Their loans are fine. As a matter of fact, the issue was that they couldn't give out enough loans and ended up buying MBS, which took a dive after interest rate hikes.

>> No.54042086

>>54042052
absolute state of NFT faggots.

>> No.54042090

>>54042052
Did he pay for that capybara?

>> No.54042096

>>54042052
>crypto should not be regulated right until the moment I get rugged

>> No.54042106

>>54041981
rolling. fuck kikes

>> No.54042125

>>54041931
Dude they put their asset balance sheet into Mortgage backed securities at 1.5% for ten years.

>> No.54042167

>>54041882
>should i run to the store and buy canned food and to the bank and get my money
yes, you should spend all your money in canned food, cigarettes and ammo. Money will be worth nothing as of next week. This stuff is gonna blow. Hard.

>> No.54042168

>>54040828
you think this is the enlightenment take lol but this is literally what they want you to think because it encourages complacency.
>don't worry consoomer, nothing bad will ever happen, just keep consooming, we can take care of everything

>> No.54042184
File: 49 KB, 697x774, 1678434015458656.jpg [View same] [iqdb] [saucenao] [google]
54042184

>>54038924
Saved

>> No.54042193

Give it to me straight
It's 2008, but this time it's fucking over. This is happening to put their CBDC in place

>> No.54042230

>>54041982
What caused the billion dollars of withdrawals?

I'm thinking it might be the fed going full retard with the interest rates long term even though inflation is dropping

>> No.54042232

Schwab won't fail, but it would be smart to create a short position on them

a.) Most of their profits are purely interest-rate driven. They make the money off the delta between their investments and customer deposits. This % is shrinking as interest rates rise; a lot of the gains they made during periods of low rates will vanish

b.) Going back to their major funding source being customer deposits; customers will move their money to brokers like Fidelity which pay higher interest rates. This will force a selloff of cheaper-than-usual bonds to meet customer withdrawals.

>>54041931
Silicon Valley Bank executed a call for funding poorly. After taking a 4Q loss and seeing Silvergate collapse, the dumbest thing that they did was letting their new stock sale sit incomplete while markets were open. News of the stock sale sent their stock price tumbling (part due to Silvergate, part due to their already weak financials), which blew up the whole fundraising plan. Now with no concrete strategy for raising nearly $2B that they were short, the government stepped in to prevent more chaos.

>> No.54042291
File: 36 KB, 896x518, CRACKEN.png [View same] [iqdb] [saucenao] [google]
54042291

>he didn't buy

>> No.54042333
File: 52 KB, 600x917, svb gematria.png [View same] [iqdb] [saucenao] [google]
54042333

>> No.54042341

>>54042291
picking up literal nickels in front of a steamroller

>> No.54042364
File: 229 KB, 627x720, 1631729677694.jpg [View same] [iqdb] [saucenao] [google]
54042364

>>54042333 (checked)

>> No.54042375

>>54041385
Their business model was storing the money of extremely profitable tech startups. They had way more deposits than loans. The problem was that they used these deposits to purchase low interest rate bonds which became worthless with the rate hikes. They gave out too few loans.

>> No.54042384

>>54042333
There's a apocalypse connected to every word in jewish schizomatria
Nice digits though

>> No.54042441

>>54042341
>not picking free money in front of a slow moving vehicle you can easily step aside from

>> No.54042448

>>54042291
>Downside: lose everything
>Upside: 10% max

I think I have better odds playing poker

>> No.54042451

>>54026501
I'd say is a small happening, but with huge repercussions

>> No.54042462

>>54042375
"worthless" is an exaggeration, the loss is at most 20% since Q1 2022 on longer dated treasuries and at most ~6% on 2Ys

>> No.54042480

>>54042448
>>Downside: lose everything
0.01
>>Upside: 10% max
0.99

'hurr hurr poker'

>> No.54042490

>>54042448
what is a stop loss?

>> No.54042496
File: 211 KB, 640x640, Fq9NwjcWwAAuU3h.png [View same] [iqdb] [saucenao] [google]
54042496

>> No.54042503

>>54042490
>what is nobody lining up to catch your falling knife

>> No.54042505

>>54042490
better trust your exchange then; stop losses don't mean anything if the exchange halts trading and lets the price fall below your orders (Coinbase)

>> No.54042528

>>54042503
>stop-loss doesn't work because it just doesn't ok!
show proof of this ever happening on kraken
>>54042505
Kraken has never halted trading during way worse downturns than this.

>> No.54042583
File: 157 KB, 448x512, 1583761567376.png [View same] [iqdb] [saucenao] [google]
54042583

>>54042490
>stop loss with no liquidity
People who played with USDCHF thought stop loss would help them, or Robin Hood customers. I can tell you're a new comer zoomer by having so much faith in this tool

>> No.54042587
File: 100 KB, 1570x849, USTUSDT_2022-05-09_22-57-33[1].jpg [View same] [iqdb] [saucenao] [google]
54042587

>>54042291

>> No.54042591

>>54042528
precedent doesn't mean anything in crypto markets

>> No.54042630

>>54042587
If you think this is anything like UST you are a fucking retard.

>>54042591
By that logic don't use anything or do nothing, ever, because what if aliens show up and blow up the servers.

>> No.54042665

>>54042341
retard

>> No.54042709

>>54037652
Citigroup is pretty shit

>> No.54042721

>>54042630
keep your stop losses on then, i really don't care

>> No.54042733

>>54042193
Give it time every recession is similar but every recession has its own unique quirks. Remember these things take time houseing didn't bottom out until 2012 after the 2008 crash for example. One big difference between this time and 2008 is we weren't suffering high inflation due to the 2001-2003 recession.

Another thing is it takes time for the poorly run banks to unravel though when yhey do collapse it is extremely chaotic and sudden. Something to look at is Crypto. The death of Crypto was sparked by Terra Luna crashing to zero last year and 1 year later we are still seeing shockwaves rippling through. Is SVB going to collapse the banking system as whole? Probably not. Will it sends shockwaves through the banking sector we haven't even considered to be a problem yet? Oh most definitely add on now that one bank has collapsed you start to see panic. Like shit I don't even keep much money in the banks and I am concerned abiut things like getting my pay check, what happens if my bank collapsed before a direct deposit, what about my boomer dad who keeps all his retirement in a bank because he has no financial back bone.

Simple as we just don't know but this isn't over by a long shot. The media will underplay it because they don't want to be on the hook for spreading more panic potentially causing a run themselves. Remember Financial media is different then political media they are actually accountable if they lie because the market always reveals the truth.

>> No.54042735
File: 403 KB, 637x609, 87t8y78t.png [View same] [iqdb] [saucenao] [google]
54042735

>>54023757
posting in epic dead (as in DEAD TECHIES AHAHAHAHAHAHAHAHAHHA)

>> No.54042742

fuck this shit i barely graduated and started working to raise funds i barely got pennies to invest barely like $1k
why can't they hold the collapse back at least a couple of years so i have enough capital to short this shit properly and make it?

>> No.54042771

Just checked and not a single one of my IRLs is even aware that a bank collapsed, much less that it was SVB

>> No.54042774

>>54042742
$100 dollars on 200 puts on SVIB went to 2mm iirc. just git gud anon

>> No.54042786

>>54042733
Banks won't collapse suddenly in my option, it'll manifest similarly to the savings and loan crisis, where banks went under one-by-one over a decade as their loans returned less than what they were paying in interest

>> No.54042828
File: 27 KB, 615x345, mcNutty.jpg [View same] [iqdb] [saucenao] [google]
54042828

>>54039210
>Literally anything happens
>Jews lock up your accounts to make sure they get paid first just in case the sky is falling
How many times has this happened in like 2 years
How can people take this
I guess I'm no better JP Morgan Chase could decide I don't eat starting tomorrow

>> No.54042836

>>54042630
No, UST was just the test run and this is the main event. This is orders of magnitude larger. At least you'll learn a thing or two about stop losses next week.

>> No.54042894

>>54042771
yeah the normals wont find out how bad things are until at least july/august.
we still have time to get our affairs straight.
>>54042742
sqqq NOW

>> No.54042904

>>54030613
STABLE
STABLE
STABLE STABLE

>> No.54042921

>>54042742
I said the same in 2008. Start getting money together and start buying if you are serious. Do not touch individual stocks right now we have no idea what will get heem'd. Best thing to do is buy into a total market ETF like VT or VTI and just chip away at buying it. Even if you have to buy fractions... also ignore the LOL THOSE FUNDS WILL COLLAPSE TO ZERO AN YOU LOSE ERRYTHING FUD.

You are 18 any money you lose now is trivial compared to the money you will make over the course of your life. Even if you lost 5 years it would be stupidly easy to recover vs a 40-60 yo. Best part of after 5 years of heeming markets go up 30% then you will feel like a fucking investing god vs the sad sacks who never do anything.

Oh and buy through your IRA so it is tax differed for the love of all that is good.

>> No.54042931

>>54023757
CAN SOMEONE FUCKING TELL ME WHEN THE INSURANCE COMPANIES ARE GOING TO COLLAPSE?!
i fucking hate insurance agents. they deserve whatever that is coming to them

>> No.54042945

>>54042742
you can always create synthetic leverage with deep OTM puts

>> No.54042960

>>54027060
'ts already done fren
ever heard of ICP?

>> No.54042971

>>54042786
That was what I was trying to say. I feels like we will see some smaller banks die this year though but yeah real damage will be felt down the road.

>> No.54042978
File: 71 KB, 828x521, green_lines.jpg [View same] [iqdb] [saucenao] [google]
54042978

I knew buying and holding vix would pay off

>> No.54042999

1 BTC = 1 BTC

>> No.54043003

>>54042931
insurance companies are very stable because nothing will erase their float sans a apocalypse-level event

>> No.54043004
File: 451 KB, 539x540, 1669806893816027.png [View same] [iqdb] [saucenao] [google]
54043004

So do i sell everything or what

>> No.54043017
File: 209 KB, 258x364, 1678559150818.png [View same] [iqdb] [saucenao] [google]
54043017

>>54042921
based heemer, man of great intellect

>> No.54043051

>>54042921
hmmmm, i dont know that its smart to buy anything just yet. Personally I'm waiting until after october. We haven't seen shit yet.

>> No.54043064

>>54042375
That's even more retarded

>> No.54043093

>>54043064
that's how many banks work, biggest being Schwab/Fidelity

>> No.54043105

>>54042341
This

>> No.54043106

>>54043051
True but if the best you can produce is $100 dollars per month it doesn't really matter when you buy it between then and now the difference is trivial vs if you try to time it and the stock market actually goes up which can happen or worse continues to crab.

>> No.54043135

Remember, if they try a bailout, we don’t pay back any debts from any loans because they can get fucked.

They always save the banks, never the people. Fuck the banks and power to the people.

>> No.54043141

>>54041809
Luv ya too based catto poster, the ocean is looking more blue then ever. May our ships cross paths one day, as we raise our black flags

>> No.54043144

>>54033593
Tell me what the fuck 1 BTC is

>> No.54043213

>>54036390
Welcome redditor

>> No.54043226
File: 394 KB, 598x566, Screenshot 2023-03-11 at 13-36-32 SVB (@SVB_Financial) _ Twitter.png [View same] [iqdb] [saucenao] [google]
54043226

>>54040146
yep

>> No.54043243

Posting in a gay thread

>> No.54043315 [DELETED] 
File: 1.74 MB, 640x360, 2193(2)(1).webm [View same] [iqdb] [saucenao] [google]
54043315

>> No.54043347
File: 305 KB, 828x827, 951FB30E-2537-47B2-8188-BB734AB839FC.jpg [View same] [iqdb] [saucenao] [google]
54043347

>> No.54043366

>>54043315
arent dicks supposed to be bigger

>> No.54043381

Which bank is next?

>> No.54043384
File: 845 KB, 203x288, 1678412730634561.gif [View same] [iqdb] [saucenao] [google]
54043384

>>54038924
I'm fucking dying

>> No.54043433
File: 36 KB, 354x354, 1677257393809.jpg [View same] [iqdb] [saucenao] [google]
54043433

>>54043315
anon...

>> No.54043501

>>54043381
wells fargo or baa by the looks of it

>> No.54043517

>>54037828
So it was all money laundering

>> No.54043545

why the fuck did jannies use this hideous background? we aren't all fucking stupid weebs.

>> No.54043551
File: 361 KB, 519x857, 1678536157476761[1].png [View same] [iqdb] [saucenao] [google]
54043551

goys...

>> No.54043564

>>54043545
newfag

>> No.54043609

>>54043551
Glad we can always count on him to start a crisis

>> No.54043611

it's funny when USDC caused the SVB crash lol

>> No.54043638

>>54043501
baa? I've also heard signature

>> No.54043648

>>54043551
things like this really feel like some sort of mean-spirited internet meme joke because you think there's no way "experts" who move hundreds of millions wouldn't know what they're doing until you actually realize it's for real

>> No.54043653

>>54043611
other way around

>> No.54043659

>>54043564
Been on /biz/ since 2017, this is no longer a weeb board. anime is for manchildren, grow the fuck up pussy.

>> No.54043693
File: 620 KB, 637x483, codydrinkspoison.png [View same] [iqdb] [saucenao] [google]
54043693

>>54043638
meant to type boa my bad
my excuse is that i was thinking of usaa at the time

>> No.54043727
File: 1.33 MB, 1268x1268, 512241CD-5240-4CB6-8548-C99F7FEBD6D1.png [View same] [iqdb] [saucenao] [google]
54043727

So did the bank insure deposits to $250k or not?

I heard it was uninsured?

>> No.54043738

>>54043659
if you lurked more, you'd understand why the background is weebshit

>> No.54043751

>>54043693
I've seen Morgan Stanley had money in SVB. Are they in the same boat?

>> No.54043780
File: 37 KB, 893x518, 95 cents.png [View same] [iqdb] [saucenao] [google]
54043780

>>54042836
>two more weeks!
you newfags are adorable
fair price for USDC at this point is 96 cents, anyone that sold before that is a fucking retard.

>> No.54043782

Funny that they announced this on a Friday after market closing. Very convenient

>> No.54043801

>>54043659
>2017
newfag

>> No.54043811

>>54043551
my fucking sides
>>54043693
>mmmmmmhh, heavy water

>> No.54043812

>>54043727
Who knows. Alex Jones claims 1.5 billion in deposits were uninsured. It's clownworld stuff.

>> No.54043826

>>54043727
As far as I have read, any accounts with amounts over 250K will have anything over that amount uninsured by FDIC

>> No.54043863
File: 148 KB, 971x728, lizard wizard.jpg [View same] [iqdb] [saucenao] [google]
54043863

>>54043501
>>54043638
>>54043693
The Temple of Baa welcomes you

>> No.54043865

>>54043826
That is my understanding as well.

>> No.54043874

>>54043812
>>54043826
they'll get their 80 or so cents on the dollar, issue is that a lot of people and companies will need to use that money that's now in receivership for day-to-day expenses. insured funds will be released Monday

>> No.54043889

>>54034905
Why cant I unembed?

>> No.54043893

>>54043381
Td bank

>> No.54043898
File: 5 KB, 118x141, 1658965523274060.jpg [View same] [iqdb] [saucenao] [google]
54043898

>>54043659
>2017
Fucking noob

>> No.54043910

>>54042742
it is better to have hard times when you're young and have little expenses and responsibilities + small salary. What you don't want to be is a 32yo married guy with a kid on the way and a mortgage.

>> No.54043927
File: 314 KB, 2048x1151, 1655903266914631.jpg [View same] [iqdb] [saucenao] [google]
54043927

what if nothing happens on moon day?

>> No.54043944

>The copers on biz telling themselves it's all fine

Kek

>> No.54043958

>>54043874
That is under the assumption that they can offload SVBs assets, but from what I have heard they were deep in bonds so they would have to mature to pay out (as far as I know).

>> No.54043964
File: 1.08 MB, 2894x4092, 1652431583932597.jpg [View same] [iqdb] [saucenao] [google]
54043964

>>54043944
a happening would be nice but I don't want to get too excited and be let down again

>> No.54043990

>>54043958
you can just sell the bonds at a 10% or so loss on the open market at current prices

>> No.54044024 [DELETED] 
File: 218 KB, 553x435, 43643.png [View same] [iqdb] [saucenao] [google]
54044024

MODS = FAGS

>> No.54044058

>>54043874
I hope those folks have credit cards to use in the meantime. Never put all your eggs in one basket. Never put all your money in one bank.

>> No.54044105

>>54044058
they'll get their FDIC insured funds (up to $250,000) on Monday. it's more of an issue for companies that are large enough to significantly exceed this, but not large enough to have revolving lines of credit that they can tap to make payroll etc

>> No.54044106 [DELETED] 
File: 1.61 MB, 498x348, 41A8946A-199F-413E-8427-2FF1CD7AC24D.gif [View same] [iqdb] [saucenao] [google]
54044106

Jeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeews!!!!!!!!

>> No.54044203

>>54043648
>Gentile

>> No.54044333
File: 1.69 MB, 480x270, 1643097462976.gif [View same] [iqdb] [saucenao] [google]
54044333

>>54040146
Zoomie here, what happens after a crash?

>> No.54044348

>>54044333
Another world war or another revolution or maybe both

>> No.54044352

>>54044333
everyone dies

>> No.54044362

>>54044333
A recession.

>> No.54044382
File: 95 KB, 503x443, 1652467608959.gif [View same] [iqdb] [saucenao] [google]
54044382

Where will banks get the money when the run starts Monday? No bailout this time. And if there is, it will cause hyperinflation. The collapse of the West started yesterday. And that's a good thing.

>> No.54044410

>>54044333
Lot's of jumpers.

>> No.54044412

>>54044333
Crash has already happened a year ago, but if another one does they will raise interest rates further and it's time to buy bonds

>> No.54044423

>>54044333
It
It happens

>> No.54044429

>>54044382
the Federal Reserve would provide short-term loans to cover customer deposits while they sell off their assets. they did this in 2008 when they extended the term of discount window borrowing to 30 days.

>> No.54044456

>>54044382
>And if there is, it will cause hyperinflation
post hands

>> No.54044486
File: 639 KB, 1962x2732, 1647604112988408.jpg [View same] [iqdb] [saucenao] [google]
54044486

>>54044382
who said that they'll be allowed to withdraw money?

>> No.54044495

>>54044333
Depends how bad the crash is. Sometimes you walk away with an adrenaline hit and some choice words, sometimes you're killed on impact, sometimes you're pinned under the wreck in a remote area for weeks while wild animals rape you like step-sister stuck in a dryer.
Ranges from "funny story" to "closed-casket funeral."

>> No.54044505
File: 82 KB, 981x1024, D84F99D0-D658-4832-B0AB-A30B084CC360.jpg [View same] [iqdb] [saucenao] [google]
54044505

>> No.54044527
File: 1.16 MB, 498x280, 1669687456424338.gif [View same] [iqdb] [saucenao] [google]
54044527

>>54044505

>> No.54044616
File: 17 KB, 346x346, 1660682525411566.jpg [View same] [iqdb] [saucenao] [google]
54044616

>>54044333
A recession which will be remedied by another world war. Strap in friendo, you're in for a wild ride.

>> No.54044635

>>54044505
Fake. They would just bail her out.

>> No.54044637
File: 2.02 MB, 498x280, aliens-paxton.gif [View same] [iqdb] [saucenao] [google]
54044637

>>54044616

>> No.54044661
File: 189 KB, 462x450, 1592074837960.png [View same] [iqdb] [saucenao] [google]
54044661

>>54023757
Can someone explain what that means and how important it is?

>> No.54044700

>>54044661
It means almost 2 billion dollars disappeared and now FDIC (The US federal government) has to underwrite the most of the losses.

>> No.54044727

>>54044700
Is 2 billion a lot for the government? Isn't that like chump change for them? Musk alone has over 200 billy

>> No.54044773

>>54026179
2 weeks

>> No.54044804

Should I rebalance my shares portfolio towards bonds? Don't want to lose my gains bros

>> No.54044817

>>54044727
Considering the covid payout was over 2 trillion, yeah it's a writeoff for the fed. But taxpayers will eventually feel the pinch. If other banks fold over the next few days, hold on to your hat.

>> No.54044827

>>54044505
>iSource News

>> No.54044865

>>54044505
>>>/pol/419307893

>> No.54044875

>>54044700
Its 171B not 2B

>> No.54044893
File: 1.18 MB, 500x281, XVV.gif [View same] [iqdb] [saucenao] [google]
54044893

>>54044827
>Jake! I need dat money! Jake!...

>> No.54044894

>>54044804
bonds will lose value if rates are hiked further. your call

>> No.54044896
File: 433 KB, 1440x1244, 1667154319745721.png [View same] [iqdb] [saucenao] [google]
54044896

how will this affect the shitcoin market? I'm already down like 50% kek.

>> No.54044905

>>54044817
What other banks?

>> No.54044948

>>54044875
>Spittake.gif
Oh shit!
https://youtu.be/O1hCLBTD5RM

>> No.54044960

>>54044875
they are insolvent by around 2B, 171B didn't get zeroed out. expect around 80 cents on the dollar once everything passes through recievership. no clue where you retards are getting 100% losses on their bonds

>> No.54045008

gentlemen i know nothing about this,
QRD?
who should i short? 2009???

>> No.54045012

Why can't powell bail them out?
Inflation is a nothing burger. If svb fails then the economy will rupture into something worse than 2008

>> No.54045020

>>54044960
So then roughly a 20B loss then after all is said and done, assuming they can offload the assets.
Still not a small chunk of change.
The real question is what will happen when the ripple effects start?

>> No.54045089

>>54044960
Offloading 100 billion in mortgage backed securities all at once surely won't have any spillover effects

>> No.54045092

>>54044905
None. Maybe one more... Maybe two.

>> No.54045115

>>54045020
Bro, bear sterns only lost $18b. The ripple is going to be monstrous especially if the other $180b they were responsible for gets paid out by the fdic at pennies on the dollar

>> No.54045141

>>54045115
in 2008 Lehman Bros was worth about $1 Trillion

in 2008 Bear Sterns was worth about $30 Billion

today SVB is around $250 Billion or about in the middle of the 2 keystones in 2008.

>> No.54045165

more then a 1000 posts, this might be serious.

>> No.54045191

>>54045012
2008 led to ows trannies. Inflation causes literal revolutions.

>> No.54045193
File: 20 KB, 598x198, mark cuban.png [View same] [iqdb] [saucenao] [google]
54045193

Odds on what Mark Cuban suggests happens? If so what will be the repercussions?

>> No.54045205

>>54045165
Big brothers death sticky got more than 4000 replies

>> No.54045214

>>54045020
>>54045089
the MBS market is $9T, and their MBSes are going to be unwound very slowly in receivership. It'll bump prices down, but there's not going to be too much contagion. Of more concern is the reason for their collapse, which is rising interest rates. SVB collapsing likely won't cause other banks to collapse, but other banks are still facing the same fundamental problem--the loans they've issued and the bonds they've bought are decreasing in value as interest rates rise, and the interest rate which they have to pay to depositors to entice them to keep their money in is rising. If they keep interest rates at this level or increase them further, it'll be like the savings and loan crisis of the 80s and 90s, with smaller banks taking the same risks to stay afloat as they did then.

>> No.54045215

>>54034905
>nigger mod doesnt know how css background-repeat works
HAHAHAHAHA
no wonder /biz/faggots are a failure

>> No.54045227

>>54045193
Hyperinflation and more banks failing, coz wtf cares about risk? The fed will just bail them out.

>> No.54045248

>>54045193
seems reasonable, shame it just encourages banks to continue relying on being too big to fail

>> No.54045264

Wow only 1282 posts?
Biz is dead

>> No.54045263
File: 2.81 MB, 2359x1749, 1643623636671.png [View same] [iqdb] [saucenao] [google]
54045263

good morning

>> No.54045266

>>54045193
Mark Cuban is a fucking retard at times. Why the fuck would another bank want to take them over? They have negative book value, why would anyone want to paper that over with equity (dilutive) or new debt?

Do they want a JPMorgan Chase / Washington Mutual type purchase, where they put a gun to a bigger bank's head and force them to buy SVB out?

>> No.54045332
File: 71 KB, 1024x685, 1675391273814071.jpg [View same] [iqdb] [saucenao] [google]
54045332

>>54045214
The question is what is effectively the margin to default on those? I had a guy I work with at ML tell me about a customer he had buying 5% CDs on Wednesday from SVB for the rates. So I expect some level of contagion like with USDC today and with the private balance sheets being as thin as they seem to be for something like this to happen, its not really a matter of pure math but of the panic that will be caused by a second or third bank failure in a month that would really fuck up everything

>> No.54045390

>>54045020
The big problem is fractional reserve banking, everyone is caught up in their 209 billion in assets.......... NOBODY IS TALKING ABOUT THEIR LIABILITIES AND HOW MUCH THEY LOANED OUT ON THOSE ASSETS. There’s a reason they couldn’t find a buyer who would then own the liabilities of the money they loaned out

>> No.54045406

>>54044865
>2023 is the year wine mom jesus gets bogged
And there were faggots who killed themselves and missed out on this.

>> No.54045409

>>54045266
Yes that's exactly what they want. It's the "smartest" people in the world, the saviors of mankind, screaming DEVS DO SOMETHING!!! Hopefully Biden and Powell tell them to go fuck themselves.

>> No.54045427

>>54045214
And what do you think happens to all the companies that can't pay their employees while they wait an unmarked amount of time to maybe see some payout from receivership, and the spillover of people who can't afford to pay their mortgages?

>> No.54045437

>>54044333
Recession, which will be one of many reasons for war.

>> No.54045449

>>54026001
>not just blocking that shit out
nigger

>> No.54045458

>>54023757
test

>> No.54045517

>>54045427
Hopefully they all go back to India and it's not too expensive to purge the curry smell from their homes and apartments.

>> No.54045541

>>54045390
Thats kind of what im getting at here >>54045332
Is the black hole that this just created is easily enough to start collapsing anything exposed that has even a 1% over exposure to something in as speculative as VC would cause contagion if a run starts (and it look like it has even though its a small scale)
But this was basically inevitable when the cap for fractional reserve was basically removed for covid.
Then the second question of just how much and the FDIC actually insure? I suppose that limit will be tested.

>> No.54045561

>>54045012
You are the nothingburger

>> No.54045574
File: 20 KB, 729x295, oSLACVZ.png [View same] [iqdb] [saucenao] [google]
54045574

fug

>> No.54045594

>>54045266
for those unacquainted with JPMorgan's purchase of WaMU:
>WaMu makes poor lending decisions, accruing a large dollar amount of high-yield subprime mortgages
>Those subprime mortgages start accruing losses
>WaMu signals weakness by downsizing, laying off employees, closing offices
>Investors and depositors begin to freak out, withdrawing funds
>Funds withdrawals trigger selloff of the assets backing those deposits
>FDIC steps in, secretly auctions off WaMu to JPMorgan Chase behind closed doors
>FDIC seizes WaMu, puts it in receivership
>FDIC sells WaMu assets to JPMorgan for $2B, with the agreement that JPMorgan honor all customer deposits
Analysts believe that JPMorgan Chase didn't really have a say in the matter, since the deal was horrible for them. The secrecy of the closed-doors auction doesn't help either

>>54045332
i suspect the federal reserve will backstop bonds with open market operations before shit gets bad. 2008 was an utter meltdown, but ultimately, very few banks did fail outright.

>>54045427
a legitimate company will have access to revolving credit which will allow them to make day-to-day payments, like payroll. if they're legit, they won't have all their money in one bank. otherwise they can always sell their rights to their funds in receivership for a bit of a loss (think "I have a structured settlement and need cash now"). the only way for a company to fail because of this is
a.) $250,000 is not enough for them to meet their day-to-day obligations for about a week
b.) they aren't large enough to sit at the "big boy" tables at the bank and request a loan backed by the funds being held in receivership (or to sell their rights outright)
the portion of companies matching these two criteria are very small

>> No.54045608

>>54043659
kek, return to Leddit, clearly more your speed

>> No.54045630

The more I read about this, the harder I laugh

Also obligatory: https://www.youtube.com/watch?v=7uANqJvfZxc

>> No.54045647
File: 49 KB, 997x1561, svb companies.png [View same] [iqdb] [saucenao] [google]
54045647

>>54045427
list of svb companies

>> No.54045678

the real question is who is exposed to long dated bonds? anyone holding 20+ year treasury bills has taken a 20%+ hosing since 1/1/2022

>> No.54045709

>>54045678
All the crypto exchanges that weren't just outright stealing money.

>> No.54045718

>>54023757
You guys are retards. You created the same hysteria around Evergrande a year ago.

>load ze double spending fud
>load ze evergrande fud
>load ze elon fud
>load ze china fud
>load ze korea fud
>inb4 I'm the retard for not understanding muh implications

Relax.

>> No.54045720

Where's the crypto crash? I was hoping to buy the dip but it's actually going up.

>> No.54045736

>>54045541
FDIC isn’t really the problem here since so few people actually banked there with accounts 250k or less. That’s the only thing saving the FDIC’s ass right now and not causing a country wide bank run. The FDIC only has around 128 billion dollars and another 100 billion line of credit. SVB didn’t count on regular people’s deposits to fund their banking operations like Wells Fargo, Bank of America and regional banks do, otherwise Monday people would be showing up at banks nationwide demanding their money when they find out the FDIC is a giant paper tiger and only have around 1% of what it would cost if they had to cover what would be needed to cover all the FDIC insured accounts. The person you said who bought a CD depending on the size of it is probably covered by the FDIC unless it’s over $250k then I don’t know.

The reason nobody steppped forward to buy SVB and take over it’s liabilities is becuase of what happened back in the GFC where banks were absorbing other troubled banks too fast and didn’t know the full picture of how bad of shape the other banks situation was and it turned into a clusterfuck which required the government bailouts. That’s why it’s anyone’s guess what happens by Monday morning since there were no buyers when Goldman announced Monday morning they shopped SVB around and couldn’t find anyone willing to take them over then 3 hours later the regulators shut down SVB and turned over receivership to the FDIC, which is trying to reassure people that they FDIC system is working as designed when the FDIC is a total fucking joke but if the public was to realize this it would possibly collapse th entire banking system in America.

>> No.54045745

Guys I'm going to be in NYC on Tuesday
I'll bring home a bucket of tepid banker tears

>> No.54045762

>>54045720
When the goberment steps in and applies Securities and Bank regulation to crypto and exchanges.

>> No.54045770

>>54045718
say what you will, but the markets were going up until Evergrande, and are down 21.4% since then

>> No.54045772

>>54026085
Nigger why would a bank like JPM float bond sales for a company that's almost never turned a profit lmao.. SVB existed for a reason. To write puts on for these big banks and slurp up all the assets on fire sales. This is jewry 101

>> No.54045783

>>54045647
The Bloomberg article said half of all venture-backed US companies had direct exposure, so a lot are being awfully quiet

>> No.54045796

>>54045736
>That’s why it’s anyone’s guess what happens by Monday morning since there were no buyers when Goldman announced Monday morning they shopped SVB around and couldn’t find anyone willing to take them

Thats where my mind keeps going. And seeing what has happened the last 3 years when there is widespread panic, Im not optimistic

>> No.54045803
File: 74 KB, 620x1024, Fq9UuP8WYAI7C3x.jpg [View same] [iqdb] [saucenao] [google]
54045803

>>54044203
You summoned me?

>> No.54045807

>>54045647
Holy shit Ginkgo

>> No.54045827

>>54044960
Why can't they restructure if they're only 2 billion out? Seems like they could keep going as a going concern if they had some help.

>> No.54045828

>>54045736
the FDIC is a joke, but they'll find a way not to touch the FDIC insurance funds like they did with Washington Mutual

>> No.54045844

>>54045803
>the semitic smirk
that's no gentile

>> No.54045866
File: 408 KB, 886x770, 1678568647847.png [View same] [iqdb] [saucenao] [google]
54045866

>>54043551
>>54045803
>Joseph Gentile
It's either proof that the demiurge has a strange sense of humor, or that we live in a simulation.

>> No.54045872

>>54041465
Stop losses don't work in market gaps or high volatility.

>> No.54045890

>>54026407
At this moment "You asked for this" and soon to be "You can't stop it" if any other wrong piece falls.

>> No.54045898

>>54045866
That "lens cloud" is looking like it's ready to settle down.

>> No.54045919

>>54033180
>If it turns out to be true that they lose their deposits, there could be more bank runs: Lots of businesses keep uninsured deposits at lots of banks, and if the moral of SVB is “your uninsured transaction-banking deposits can vanish overnight” then those businesses will do a lot more credit analysis, move their money out of weaker banks, and put it at, like, JPMorgan. This could be self-fulfillingly bad for a lot of weaker banks. My assumption is that the FDIC, the Federal Reserve, and the banks who are looking at buying SVB all really don’t want that. If you are a bank looking at buying SVB, and you do a detailed analysis of its assets and conclude that they are worth $180 billion, and you come to the FDIC and say “I will take over this bank and pay the uninsured depositors 95 cents on the dollar,” the FDIC is going to look at you and say “don’t you mean 100 cents on the dollar,” and you are going to say “oh right yes of course, silly me, 100 cents on the dollar.” [9]
>Maybe I’m wrong about that, but if I am it’ll be bad!

>> No.54045931

>>54045718
>Evergrande
gook corp not same has USA corp

>> No.54045946

>>54045827
they're 2 billion under, but as a bank that means that they have a net worth of -2B. the reason they were put into receivership is to avoid them trying to gamble their way out of the mess with risky investments and expensive restructuring and potentially making that negative number more negative. another point against allowing them to continue was that they had just failed to secure a $2B stock issue, which puts into question their ability to raise $2B at all.

>>54045803
CFO of their bond division, lmao

>> No.54045953
File: 8 KB, 213x237, so it begins.jpg [View same] [iqdb] [saucenao] [google]
54045953

You anons ready for Bloody Monday? Strap in. It's gonna get pretty bumpy.

>> No.54045991
File: 17 KB, 635x133, file.png [View same] [iqdb] [saucenao] [google]
54045991

LMAOOO

>> No.54046011

>>54045991
Did you really expect anything diffrent?
Jews, man....fucking heebs.

>> No.54046013

>>54045953
Banks who don't do high interest-exposure work with Crypto/VC will be fine.
Some VC banks and major crypto exchanges might blow up, but that was always their Final Destination.

>> No.54046015

>>54045991
Pure chutzpah.

>> No.54046031

>>54045991
Of course they did. YEah, no bailout for you.

>> No.54046032

>>54045991
https://www.axios.com/2023/03/11/silicon-valley-bank-paid-bonuses-fdic
nothingburger, they were scheduled for the 10th for a while

>> No.54046054
File: 112 KB, 2255x1150, 5620871B-19B4-4352-8DC1-68A87EF8B152.png [View same] [iqdb] [saucenao] [google]
54046054

This thread moves so slow everyone will notice that I’ve been picking nose privately since kindergarten

>> No.54046076

One thing I fail to understand. Are these 250K insurances not only about the current account? I understand companies that do lots of daily transactions need a reasonable buffer, is there not better way to do this?

Because it cannot be anything else, any sort of savings would be invested in something instead.

>> No.54046080

Anyone got the "yeah I'm thinking we're back" wojak graph webm handy?

>> No.54046111

>>54046054
State collapse is not a risk, it would be freedom at last.

>> No.54046150

>>54046054
you can tell this survey had too many options or was just a shit survey because there's no issue in multiple rows

>> No.54046164
File: 870 KB, 962x600, Road Warror Wex.png [View same] [iqdb] [saucenao] [google]
54046164

>>54046111
>>54046111
>State collapse is not a risk, it would be freedom at last.
Yeah, wind in your hair, a burly sociopath putting his hot dickings in your bussy every night...

>> No.54046173

>>54046054
>digital inequality
what even is that?

>> No.54046192

>>54046150
It’s not a survey it’s a plan. 3 first points have already came to fruition, we are looking at cyberattack and push for online ID right now.

>> No.54046217

>>54046173
niggers don’t have phones to usher CBDCs and smart cities

>> No.54046219

>>54046192
Online ID should have happened years ago Steve.

>> No.54046222
File: 93 KB, 852x960, 1639798690810.jpg [View same] [iqdb] [saucenao] [google]
54046222

>>54023757
https://www.youtube.com/watch?v=0QAVquq9bNs

>> No.54046230

>>54046032
Planing it ahead of time doesn't make it an empty bun.

>> No.54046254

Is this the edgy retard thread?

>> No.54046282

>>54046254
No, you're lost, I think the rest of the edgy retards are on the second page.

>> No.54046294

>>54046080
Sirs please

>> No.54046310

>>54046230
if they could have seen this coming that far ahead of time, they could have avoided this all together. you're giving a bunch of retards too much credit

>> No.54046337

Nothing causes me more joy then watching tech trannies lose money, death to all tech trannies, allu akbar. Long SARK, GOD BLESS TUDDLE CAPITAL

>> No.54046339

>>54046219
>he posted on an anonymous image board
Nothing stops you from putting your name and photo in your posts, you’d surrender your privacy for a scrap of attention

>> No.54046366

The other banks know that SVB is debt and not an asset. They're not going to buy them.

>> No.54046380

>>54046339
All the catty bitchery would certainly dry up, along with a lot of deflated internet tough guys.
Internet schizos could get the help they need.
A lot of good would come of it.

>> No.54046398
File: 2.08 MB, 2944x2208, The fuck did he mean by this.jpg [View same] [iqdb] [saucenao] [google]
54046398

>>54046339
I got you senpai
>le dox
I have metamask, wanna see my penis too? I doxxed that years ago

>> No.54046416

/pol/ here
Is now the time as a european to empty my bank account to keep the physical cash or we good?

>> No.54046440

>>54046416
This is only going to fuck crypto ponzis and specialty banks holding unicorn monies.

>> No.54046491
File: 125 KB, 300x407, 1678330431202171.png [View same] [iqdb] [saucenao] [google]
54046491

>>54046310
Or maybe you aren't able to see past the smoke and mirrors. Know about this ahead of time doesn't mean they could avoid it or even wanted to. Market crashes aren't accidentally. They even have a name for this one, "The Great Reset".

>> No.54046494

>>54046416
Go back to kissing Putin's dick Ahmed.

>> No.54046502

>>54046380
Fuck you

>> No.54046518

>>54046502
Yeah sure tough guy.

>> No.54046545

>>54046398
post selfie or kys niggerfaggot

>> No.54046554

Still seeking the funny wojak meme. You faggots can stop acting like any discussion will save the dollar any time now

>> No.54046563

>>54046518
You still haven’t posted your name, face, address, and other personal information. Of course you won’t, you’re a faggot who demands others do so they can be punished on a whim, losing their livelihoods, destroying their relationships, driving them to suicide, etc.
You fucking bastard.

>> No.54046580

>>54046380
>>54046518
>posting anonymous means you act like a tough guy
>t. affirmative action glownigger

>> No.54046635
File: 1.51 MB, 1036x1036, 002d139b8d0575e29de400b15f327c31-imagepng.png [View same] [iqdb] [saucenao] [google]
54046635

>>54046164
human 'civilization' is a kike brain-parasite impediment that exists solely to prevent boykittens and co. from being radiant fonts of love on this earth for those they tend <3

>> No.54046637 [DELETED] 

>>54046545
You first cringe faggot

>> No.54046645

>>54046554
God damn this schizo nigger beggars still around?
Kill yourself manlet.
If you post one more time I'm gonna post your gay ass naked selfies with you and your beef jerky.

>> No.54046654

>>54046563
I'm for everyone being forced to drop their Halloween masks and white hoods at once.
Then the internet suddenly turns polite, and little faggots like yourself will have to find some other way to vent your inadequacies.

>> No.54046678

>>54046654
>at once
So you’re a pussy ass faggot with no principles. Got it

>> No.54046688
File: 830 KB, 1784x2787, 45541221.jpg [View same] [iqdb] [saucenao] [google]
54046688

>>54046398
Schizophrenic begging manlet get off my fucking board you nigger.

>> No.54046694
File: 135 KB, 1024x1012, 1648862543816m.jpg [View same] [iqdb] [saucenao] [google]
54046694

Why should I care? I live life debt to the maxxed. Worst than can happen is bankruptcy (common these days).

You should debtmaxx too before they start enforcing stronger penalties for bankruptcy.

>> No.54046710

>>54046678
One day soon I think we will all find out about one another. I eagerly await that day, tough guy.

>> No.54046718

>>54046645
Yeah make me famous. Post the one with the sawzall

>> No.54046737

>>54046710
Some feral nigger will eat your face first when shit starts failing since you are probably some urban faggot.

>> No.54046747

>>54046718
>Famous
Yeah when the great war happens I'll find you baby ass and post your corpse for all to see and you'll totally be internet famous schizo.

>> No.54046758
File: 64 KB, 463x750, n.jpg [View same] [iqdb] [saucenao] [google]
54046758

>inb4 they hand us the bill for this shit again

>> No.54046786

>>54046747
>great war happens ill find your ass
Doubt it. You urban garbage can't even find barcade without google maps. You'll twist your vegan ankle walking around the woods at night

>> No.54046804
File: 97 KB, 469x385, E31192DC-4432-4563-B147-39160CEE9104.jpg [View same] [iqdb] [saucenao] [google]
54046804

>>54046710
>calls you a tough guy
>says lack of anonymity would make people who act like tough guys drop the act
>when asked to show his face since he wants everyone to be forced into online ID he chickens out
lmao you’re a projecting faggot who yourself acts like a tough guy, who supposedly doesn’t care about privacy, but is too afraid to live by his principle. Let me guess, you wouldn’t be boosted if other npcs didn’t take the vaxx either eh tough guy?

>> No.54046815

Yeah, we will miss all of this homosexual bad-ass banter post-anonymity.

>> No.54046819

>>54046786
>>54046747
Now post the Sawzall + sunglasses pic. I look like terminator

>> No.54046894
File: 958 KB, 1043x1246, 1678353226704170.png [View same] [iqdb] [saucenao] [google]
54046894

obsession with money to any extent, even to to a bare minimum required to so much as go along amidst this faggot globonigger kleptocrat necrocracy of a planetary order, really does turn you into a piece of shit, lower than an animal. the people who actually use this board are filth souls.
you cannot serve God and mammon at the same time bros, whatever you very probably think life is, that ain't it. perhaps a demented parody at best.

>> No.54046910

>>54031193
I thank you for your good intentions, but take out the "turn from my sins" line in your prayer. All those scriptures you cited say nothing about turning from your sins as a prerequisite for salvation. It's Jesus alone who saves, and we grab hold of him through faith alone.

>> No.54046926
File: 1.86 MB, 228x170, 1675930961855934.gif [View same] [iqdb] [saucenao] [google]
54046926

Where's my fucking wojak webm frens

>> No.54046958

>>54046894
You're right, but in this economy you can't afford not to worship money.

>> No.54046968

>>54046894
fag

>> No.54046992

>literal who bank collapses
>massive panic and even a sticky
Please clam down, retards. Once the Jews finish dumping on you next week, the markets will start climbing again. There is literally nothing to worry about.

>> No.54047016
File: 73 KB, 359x495, 1649735373050.png [View same] [iqdb] [saucenao] [google]
54047016

>>54046958
just say no. embrace death, come what may. have a spine.
lotta people digging themselves big holes on this rock that will not be emerged from for many lifetimes.

>> No.54047048

>>54047016
Easy for you to say. I can't die yet. There are people depending on me and there might even be a chance that this nightmare will one day end.

>> No.54047154

>>54046992
>literal who bank collapses
Wells Fargo is not a literal who bank. SVB isn't the only one having issues.

>> No.54047185
File: 2.50 MB, 270x180, lel.gif [View same] [iqdb] [saucenao] [google]
54047185

I'm going to buy 30k of apple stock at the end of trading monday.

>> No.54047186
File: 69 KB, 666x426, Screenshot_20230311-141248_Chrome.jpg [View same] [iqdb] [saucenao] [google]
54047186

>>54047048
I can't die yet either, people depend on me and this nightmare can all end if SOMEONE POSTS THE FUNNY MCDONALDS WOJAK YEAH WERE BACK WEBM

>> No.54047198

>>54047186
https://www.youtube.com/watch?v=K1b8AhIsSYQ

>> No.54047202

>>54029727
OP is always fake and gay. Checks out with you being a fucking tranny.

>> No.54047204
File: 77 KB, 720x960, 1656266554843.jpg [View same] [iqdb] [saucenao] [google]
54047204

>>54047048
all those people you posit to care for and love? die too at the end of the day. no stopping it. it's the same for everyone and running away from it (or even refusing to hold memento mori constantly in mind) only renders one into a beast. what good are you doing them in helping substantiate their existence amidst this degenerating hellscape of a civilization? when will you realize that there is very probably no hope to be had for as debased a species as this? that all is left is a further descent into the toilet ? what good is living (as you are, at least) doing you, yourself ?
the infinite value of a human birth at base, universal estimation is the capacity to metacognize, and all the way through at that, on the matter of death.
you are consciousness itself and utterly immortal through and through. this life is a dream as are all others. all that's going on here is undulation from one density of phantasmagoric play of light across the field of beingness to the next, forever.

and you can take THAT to THE bank, and i mean it. <3

>> No.54047216
File: 33 KB, 604x413, 94FF7793-80D6-4C7F-8E98-C0D2EE1A709D.jpg [View same] [iqdb] [saucenao] [google]
54047216

>>54046815
kek look at this faggot, been real quiet since he got btfo’d >>54046804
>I’m against privacy but only if all of you are doxxed first
>my vaxx won’t work until you get yours

>> No.54047249
File: 426 KB, 1169x985, 1677678866922303.jpg [View same] [iqdb] [saucenao] [google]
54047249

I know jackshit about this stuff but does it mean Jews kvetching for eons?

>> No.54047260
File: 101 KB, 850x1078, 1665967538815973.jpg [View same] [iqdb] [saucenao] [google]
54047260

>>54047185
based

>> No.54047273
File: 26 KB, 409x281, 875t8gh.jpg [View same] [iqdb] [saucenao] [google]
54047273

>Work for a biotech that has SVB exposure (don't know how much yet)
>Have hated the job for a while and was already looking for new jobs

Seeing it crash and burn would be nice, even if it fucks up my plan of finding a new job before leaving instead of going unemployed for a while.

>> No.54047301

>>54047204
You can choose to see it as a hellscape. It does pretty hellish but there are still things worth fighting for. I'm not greedy, but I won't rush to the end or deliberately cause pain and suffering. Even now I can still at times find beauty in the struggle and the sacrifice, especially when I'm reminded what it's for. This world will chew me and spit me out, there's no doubt about that, but I can still appreciate the good in it, even if it means I have to sacrifice parts of myself to survive in it.

>> No.54047335

>>54047249
Who cares, /pol/tard.

>> No.54047338
File: 33 KB, 1000x766, 1645384542140.jpg [View same] [iqdb] [saucenao] [google]
54047338

>>54047301
>The crime you see now, it's hard to even take its measure. It's not that I'm afraid of it. I always knew you had to be willing to die to even do this job. But, I don't want to push my chips forward and go out and meet something I don't understand. A man would have to put his soul at hazard. He'd have to say, "O.K., I'll be part of this world."
be wary of the stakes of the game which you play

>> No.54047355

>>54047301
sounds like a quote from some tranime

>> No.54047374

>>54047335
Imagine hating the smartest board on 4chah

>> No.54047418

>>54028779
Shred a whole cooked chicken after purchase, divvy it up and freeze it. it’s the bachelors handbag.

>> No.54047451

>>54047016
First we got the 'genociding every other race will solve all my problems' tards now we got people literally saying 'let go' george lucas style. Holy shit you guys are fucked up.
https://www.youtube.com/watch?v=-a7x5N2eVFE

>> No.54047479
File: 310 KB, 675x675, 1651120820574.gif [View same] [iqdb] [saucenao] [google]
54047479

>>54047451
i am a proud tourist to this place and am only here because my murder machine nostrils are picking up a big swathe of kike blood in the water and i am the anti-semite in the same way that people speak of an anti-christ <3

>> No.54047543

>>54047479
thats cute

>> No.54047552

>>54047543
thank you ;3

>> No.54047555

>>54046894
Globonigger, I'll remember this one.

>> No.54047586

rolling for JP MORGAN DEATH

>> No.54047614
File: 897 KB, 500x271, totoroyell.gif [View same] [iqdb] [saucenao] [google]
54047614

give your energy to

>VIRULENT SYSTEMIC CONTAGION AND RUINOUS COLLAPSE
VIRULENT SYSTEMIC CONTAGION AND RUINOUS COLLAPSE
>VIRULENT SYSTEMIC CONTAGION AND RUINOUS COLLAPSE
VIRULENT SYSTEMIC CONTAGION AND RUINOUS COLLAPSE
>VIRULENT SYSTEMIC CONTAGION AND RUINOUS COLLAPSE
VIRULENT SYSTEMIC CONTAGION AND RUINOUS COLLAPSE

>> No.54047640

toasting in legendary bread

>> No.54047644

LET'S FUCKING GOOOOOOOOOOOOOOOOOOOOOOOO

>> No.54047674
File: 155 KB, 1132x746, photo_2022-07-11_20-38-11.jpg [View same] [iqdb] [saucenao] [google]
54047674

'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO 'ERE WE GO

>> No.54047707
File: 2.67 MB, 540x960, 1620513807445.webm [View same] [iqdb] [saucenao] [google]
54047707

whens the crash?

>> No.54047712
File: 128 KB, 634x798, 1676735178653451.jpg [View same] [iqdb] [saucenao] [google]
54047712

https://news.yahoo.com/wall-streets-4-top-banks-121159690.html
>JPMorgan,Bank of America, Wells Fargo & Morgan Stanley are in total collapse after many people reported that their Money disappeared having negative balance or that they can’t withdraw their cash, Wall Street's 4 top banks just had $55 billion wiped off their market value in a single day
it's over

>> No.54047725

>>54047707
>fat as in actual fat rear end
>no tits
Eww, gross pass

>> No.54047782

>>54047707
fuckin' monday nigga hold onto your butts fr fr desukai upkun famalam

>> No.54047803
File: 56 KB, 340x630, 1678574901172.jpg [View same] [iqdb] [saucenao] [google]
54047803

>>54047782
no cap? On god?

>> No.54047817
File: 10 KB, 284x284, 6jqD0HD2_400x400.jpg [View same] [iqdb] [saucenao] [google]
54047817

>>54047803
ON GOD all caps

>> No.54047850

>>54047803
no cap fr fr my guy

>> No.54047858

you will at least see some shit, i promise, if today and tomorrow do not whet your satiations, i am convinced, as a total and objective illiterate having now looked at it from as many sides as i can reasonably muster to find.
what exactly will happen from here though is totally in the air beyond some extent of earnest severity
>>54047712
this is already pretty gnarly

>> No.54047865
File: 297 KB, 1032x664, 20230310_160051.jpg [View same] [iqdb] [saucenao] [google]
54047865

Reminder

>> No.54047879
File: 164 KB, 368x400, 1675267083367221.jpg [View same] [iqdb] [saucenao] [google]
54047879

>>54023757
1000th post

>> No.54047897
File: 324 KB, 1133x719, 16785752609001338307211704153537.jpg [View same] [iqdb] [saucenao] [google]
54047897

2nd reminder
https://twitter.com/ComfortablySmug/status/1634586269807149062

>> No.54047955

>>54047865
there is no such thing as a coincidence, and i do not mean to imply any specific conspiracy though one may exist but proximal interrelation and cosignificance of events is never accidental or random.
enjoy the ride !

>> No.54048003
File: 1.43 MB, 3196x2400, 1678570014832248.jpg [View same] [iqdb] [saucenao] [google]
54048003

>>54047955
Found a better graphic

>> No.54048009

witnessed.
$USDC already set for a recovery and $eUSD being the first ever RToken to encounter a depegging proves the Reserve protocol works and that $RSR is a sound investment.

>> No.54048224

Nothingburger. The feds will bail out the israeli VCs

>> No.54048243

>only 1000 posts
board is dead

>> No.54048246

>>54047712
Now that's prime slurpin' right there.

>> No.54048256

Why don't we just have everyone work for the Governement and be paid shelter and food instead of dollars? boom, deflation in the double digits

>> No.54048276

>>54048256
If i was president everyone would love building stuff for me

>> No.54048279

>>54029362
Start sucking dicks for money you tranime freak

>> No.54048282

>>54048256
they're so allergic to deflation that they'd literally print 2x the current amount of money in circulation if the inflation rate went over -2%

>> No.54048320
File: 1.85 MB, 616x1080, bigshorttopindicator.webm [View same] [iqdb] [saucenao] [google]
54048320

>>54032392
which we've known was coming for over a year now

>> No.54048336
File: 271 KB, 1368x870, premade burritos.jpg [View same] [iqdb] [saucenao] [google]
54048336

ow my frickin ears

>> No.54048337

>>54048279
why are you so bullish about pushing a guy into sucking cocks? may it be because you want to... invest, so to speak?

>> No.54048381

>>54048282
great! positive feedback loop

>> No.54048390

>>54048336
they taught me how to make quesadillas in middle school and it was basically the single thing of value that primary education ever managed to impart. dope food but i can't stomach eating much meat anymore and without chicken there's no point

>> No.54048419
File: 193 KB, 1080x1938, Screenshot_20230311-143801_Chrome.jpg [View same] [iqdb] [saucenao] [google]
54048419

Still fucking waiting for my epic wojak chart ponder webm

>> No.54048468

>>54047865
LMAO

>> No.54048523

>>54041786
Cringe

>> No.54048534

>>54023757
>Moodys rating A
Like poetry

>> No.54048545

posting in historic thread

>> No.54048614
File: 233 KB, 946x2048, Fq-VsO2aAAIfV5A.jpg [View same] [iqdb] [saucenao] [google]
54048614

Circle said they started the transfer on Thursday, they say that under the rules of FDIC the transfer of the 3.3 billion should go through on Monday since it was done before Friday.

Is this true?

Please say this is true as I have a lot of money in USDC. I need to cash out, but can't.

>> No.54048627
File: 127 KB, 1130x1468, It&#039;sover.png [View same] [iqdb] [saucenao] [google]
54048627

It is unequivocally, undeniably, unfathomably over. The first bankruns on monday will take down multiple banks before the afternoon.

>> No.54048690

>>54048614
Nobody knows.

>> No.54048691

>>54048627

Wow JPM really is a fortress

>> No.54048693

>sticky
HAHAHAHHAHAHAHAHHAHAHA
kys financial illiterate retards

>> No.54048709

>>54048691
Yeah I wouldn't be surprised if this was orchestrated by JPMorgan to be honest. There were reports of JPMorgan emails going out to big clients on Thursday stating that SVB was risky.

>> No.54048747

Any USAA anons on? We safu, bros?

>> No.54048769
File: 357 KB, 1080x891, Psycho.png [View same] [iqdb] [saucenao] [google]
54048769

>>54047865
purely a coincidence

>> No.54048841

>>54030451
If the FDIC runs out of money the Fed will just print more, inflation be damned.

>> No.54048860

> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN
> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN
> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN

>> No.54048864
File: 272 KB, 828x758, 1A58C1A4-20CB-4693-85F5-8858911FA918.jpg [View same] [iqdb] [saucenao] [google]
54048864

>> No.54048870

>>54048841
fed printing for the FDIC won't cause inflation because money supply remains constant.

>> No.54048915
File: 276 KB, 709x765, 1678575865888989.png [View same] [iqdb] [saucenao] [google]
54048915

https://twitter.com/CitizenFreePres/status/1634690669079035904
Also hi mom I'm in a sticky

>> No.54048941

>>54048860
this desu

>> No.54048949

>>54048915
>https://twitter.com/CitizenFreePres/status/1634690669079035904
First Republic has the least liquidity too, it's soooooo so so so fucking over

>> No.54049014

>>54048949
Sweet

>> No.54049032
File: 243 KB, 516x526, 1678579172560.png [View same] [iqdb] [saucenao] [google]
54049032

>HISTORIC THREAD
Ahem, to my brothers: Alex, Brandon, and JJ...
Eat shit

>> No.54049043
File: 209 KB, 522x502, 1553119386528.png [View same] [iqdb] [saucenao] [google]
54049043

>>54048915
you love to see it

>> No.54049050

i can hear music on firefox but cant hear music on brave.
does anyone have any ideas what it could be or a section in settings to look in?
i know it's a wide open question but i cant find anything in the settings that are too obvious.

>> No.54049059

>>54048747
Probably. Depends on how this ripples over the next few weeks.

>> No.54049065
File: 235 KB, 2560x1439, n062.jpg [View same] [iqdb] [saucenao] [google]
54049065

i do not like this background

>> No.54049071

>>54049032
can I save this?

>> No.54049073

>>54048949
>https://twitter.com/CitizenFreePres/status/1634690669079035904
Become your own bank. Habbening. By Monday it will be dead.

>> No.54049084

>>54049065
Me neither, fren.

>> No.54049107

This is Gesara.

>> No.54049124

>>54049073
Yeah I can't even see it making it to monday without at least activating HODL mode

>> No.54049147

>>54049124
Just logged into my banking app to move some money so i can go to the ATM. Emergency maintenance. Not fucking kidding.

>> No.54049148

>>54045193
>Who gives a shit about managing risk? We'll be rich if we win and if we fail the fed will bail us out
2008 all over again, huh?

>> No.54049155

>>54049071
No, you had your chance.

>> No.54049173

as THOUGH the emperor was not without clothes well and prior to this shit, by the way
everyone and their dog is getting fucked up the ass. the slightest whiff of this is of course going to drive the masses further up the fucking wall
this is all very, very, very big.

>> No.54049189

>>54049147
Which bank?

>> No.54049202
File: 15 KB, 511x280, wreckage.jpg [View same] [iqdb] [saucenao] [google]
54049202

>>54049147
They expect one of us in the wreckage brother. I'm sorry.

>> No.54049209

>>54048627
Wow my bank is way better than I thought it was.
Feels good bros.

>> No.54049232

>>54049189
Santander.
>>54049202
fuck.

>> No.54049275

>>54049065
Go back to your GME threads, Lum

>> No.54049295
File: 183 KB, 220x145, sorry-south-park.gif [View same] [iqdb] [saucenao] [google]
54049295

>Bank runs U.S. wide
>ATMs in emergency maintenance mode
>Limits on withdrawals in branch
>Suddenly no fiat in branch
>Deposits not appearing in accounts
>Transfers (((suspended)))
>Uninsured accounts heemed
>Banks collapse from overleverage on derivatives with your savings processed into numbers on a screen with little to no reserves
>Your money vanishes into a puff of logic
>Bankers faces When they got their bonuses before the contagion
Gotta pull out fast!

>> No.54049309

>>54043551
>Gentile
this has to be a joke. what a name to go along with this

>> No.54049329

>>54043551
why do fellow white men do this bros

>> No.54049349
File: 551 KB, 751x573, chs3.png [View same] [iqdb] [saucenao] [google]
54049349

>>54049309
God is a comedian, playing to an audience, that is simply too, too, too afraid to laugh <3
but it shall be coaxed from you surely enough as the sun rises ;3

>> No.54049356

How much will Elon bid ?

>> No.54049378

>>54049356
$1, Bob!

>> No.54049382

>>54049356
Elon has no money

>> No.54049434

>>54023757
wATCH EM GET BAILED OUT BY ISRAELI HAPPENS EVERY SINGLE TIMEEEEEE

>> No.54049449
File: 198 KB, 220x165, 1627852367901.gif [View same] [iqdb] [saucenao] [google]
54049449

>keeping money in a bank
>not keeping money in a credit union
you deserve to lose everything

>> No.54049529

>>54032991
This is all even more true of crypto — I mean, the Fed raised rates once and the entire crypto industry vanished?
lmao. boomers eat this shit up

>> No.54049532

>>54048614
If they did not use same-day ACH to transfer the money, they are fucked.

My company got our money out of SVB with a same-day transfer initiated yesterday. For everyone else, it's too late.

>> No.54049616

How many people were are going to short stocks monday?

>> No.54049623

>>54031119
Ron___
Three Big Dragons

>> No.54049678

>>54049616
I am shorting
Debit Swiss
First Republic
Truist
Key Bank

>> No.54049722

>>54049356
Elon is literally overleveraged how the fuck he is going to bid lmaoooooo

>> No.54049763
File: 17 KB, 474x316, sneed picksick.jpg [View same] [iqdb] [saucenao] [google]
54049763

Tourist from /sp/
Don't have enough money that financial crashes effect me in terms of investment losses very much, but obviously am very sensitive to the immediate downstream effects.
I'll pray for you all.
Do you guys know what this guy's name is?

>> No.54049795
File: 459 KB, 1125x504, 9221BCEF-A65F-467D-A606-61A09F8524B9.jpg [View same] [iqdb] [saucenao] [google]
54049795

Just got an M&P-22 not too long ago and looking to sell it once the normies start panicking and realize they need a piece. Think I could sell it to a retarded gang-banger and get more money than from noguns?

>> No.54049801

Hello fellow nazis, you guys seen that funny wojak in a mcdonalds suit looking at a rugpull chart and seeing a green candle and saying "yeah.. I'm thinking we're back"
Heh. Golly would sure be neat if 4channel anonymous users could post it for me. 1408 comrades 139 times soon

>> No.54049863

>>54049678
Good luck brother
>>54049763
Dak? Hope you are good too bro.

>> No.54049893

>>54048860
yesssss keep believing that good consoomer... just keep consooming... keep buying... everything is safe don't worry

>> No.54049894

When something like this happens is it already too late to sell or what?

>> No.54049905

>>54049763
My first guess was Dak Prescott, but my gut is telling me Sneed Picksick.

>> No.54049931

>>54049894
You cant change the past, but you can change the path you are on.

>> No.54049944

>>54049894
i think people's hopes of doing much of anything come monday are optimistic to say the least, has an entire 'nother day to melt down before then.

>> No.54049959

I spent more than enough days researching this. There is no fixing this. I knew it was ganna be a problem after it was declared the covid EBT + SNAP covid boost was ganna go away. Think about it. Thats less liquidity. Anyways we are fucked.

>> No.54050066

1. This bank should be connected to other banks so find those names and "alert" people
2. People should be saving 1 thousand in their houses just in case
3. >Nooo muh america
Don't worry you will earn 20% less if banks sink and prizes will fall too, maybe to 10% - 12%

>> No.54050220 [DELETED] 

https://www.bloomberg.com/news/articles/2023-03-12/us-discusses-fund-to-backstop-deposits-if-more-banks-fail?fbclid=IwAR1h3XGYlh8WYccDwhb79MGIbvL42Jxr2rLQ7yPWan_KiK6h_zAdOzqQsCk

>> No.54050252 [DELETED] 

>>54050220
Put it in a twitter screencap so i can gauge what my outrage should be better
Also wtfwt bros. Did you see the charts? All charts bros. Heh. Yeah...I'm thinking we're back haha
Let's post funny webm's to celebrate

>> No.54050254 [DELETED] 

>>54050220
nice facebook tracker anon.

>> No.54050282 [DELETED] 

>>54050254
I HATE THE CLICK ID

>> No.54050284 [DELETED] 
File: 33 KB, 657x527, 1617324569099.jpg [View same] [iqdb] [saucenao] [google]
54050284

Just ban cash, problem solved. If people can't tangibly remove "their" money, then no reserve is sneeded and the debt can run up indefinitely

>> No.54050320 [DELETED] 

>>54050284
Why have cash at all when I have a gun and my neighbor doesn't

>> No.54050328 [DELETED] 

>>54050284
sir the nobel commission should be contacting you shortly
i very much ponder if we will see a cbdc by the end of it

>> No.54050389 [DELETED] 

>>54050284
Modern Monetary Sneedory

>> No.54050423 [DELETED] 

Which bank is next anons?
Credit Sweeez not looking too good either.

>> No.54050445

>>54050423
Literally wells fargo.
Also I hope bank of Am*rica goes down too, bunch of faggots.

>> No.54050455

>>54050423
deutch bank, this is going world wide
easy to convicne normies its cryptos fault when the bank is from le ebin cylicon valie

>> No.54050477

>>54050445
why wells fargo?
what have you heard about them?

>> No.54050483 [DELETED] 
File: 70 KB, 1044x542, Screenshot_20230301-151607_Gallery.jpg [View same] [iqdb] [saucenao] [google]
54050483

>>54023757
Can I get a Death to America ITT? Gas the Jews.

>> No.54050493

>>54030290
What kind of 12 pack of beer is 12 bucks? Even the cheep stuff is like 16 a twelve pack. You obviously aren't old enough to drink

>> No.54050512

>>54050493
He's posting from 2004, anon.

>> No.54050535

>>54050477
wells fargo runs on fraud as a general practice

>> No.54050686

>>54048627
How come a bank as large as Bank of America has a whooping 54% ratio of unrealized losses over Tangible Equity?

>US$ 2.41 Trillion in Assets.
Source:
>https://www.insiderintelligence.com/insights/largest-banks-us-list/

>> No.54050746

>>54048336
This was before chicken was 12 dollars per breast

>> No.54050804

>>54047712
Those stocks all pumped on Friday after that news, im sorry but nothing is happening this time

>> No.54050863

STICKS GONE FAGGOT THREAD GONNAGOUP IN PAGES

>> No.54050884

Oh great, just when the mods do something based they go and fuck it up
MODS STICKY

>> No.54050900

farewell ebin bread

>> No.54050906

>unstickied
>we're going down like SVB now
fugg

>> No.54051007

>>54050906
It's alright, the revival of this thread will be a First Republic Sticky soon

>> No.54051201

>>54050900
I was here to check them digits.
F to us all.

>> No.54051248

>jannies remove sticky before my terminator selfie was leaked
They don't want you to see peak physical condition anons

>> No.54051383

where do we line up for free soup?

>> No.54051494

loosen up those wallets faggots. It's BAILOUT TIME

>> No.54051537

>>54051494
We do bail-ins now, goy

>> No.54051551

I am rewatching The Big Short for the 10th time. It is so kino.

>> No.54051556

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Good morning, Sirs

>> No.54052138

>>54030386
Fucking hell

>> No.54052905

>>54039085
very succinct redpills