/biz/ - Business & Finance

>>54034897
it all comes tumbling down tumbling down tumbling downnnnnn

>>54034897
Wouldn't this be financial armageddon?

>>54034897
zero proof

Fake and gay

>>54034926 Friend who works in the investment division says it is chaos and panic in New York and in San Fransisco. Touch and go.

>>54034897
Nigger please

>>54034967
nice FUD

>>54034897
>>54034967
Zoomer here looks like I'm gonna experience the first financial crisis ever in my adult life. Gonna be fun

>>54034897
> source: trust me bro

>no Chainlink partnership
Nice try faggot. Only companies that have a partnership with Chainlink open bankruptcy

>>54034967
Hearsay. Your proof is your friend? Well go on then. Elaborate on everything he's said.

I hope wells fargo goes down despite them being my primary bank.

>>54034897
>$18 billion
OP, you dumb nigger, Wells Fargo makes that much in an hour.
That's nothing to them.

I trust this anon more than media.

>>54034995
last one was pretty meh in terms of how it impacted our lives as then-zoomers.

if you dont have a career yet, it means you get to jump onto whatever new sector the money gets sucked up by. pretty good deal. youth is worth a lot in new sectors.

millennialbros, not again

>>54035013
Friend told me SVB was holding on to $17,987,415,000 in WFC bank deposits, about 1% of total deposits, making up most of the top customers in WFC.

>>54035079
>$17,987,415,000
That's very specific. Maybe you can reply to this post with the faked screenshots where he sends you this number?

>>54035079
All the fucking nigger-loving liberals have their money in SVB, through WFC.

>>54034897
This is laughable. Another bank (JP Morgan, BOA, or Citigroup) would just buy Wells Fargo out.

>>54035075
yeah we're actually kinda goofed this time. start building parallel societies type vibes. We're too old to work in the trenches of whatever VC pumps up next and too young to take over the existing system. We have to break away.

>>54035075
Zoomer here, fuck you boomer kek

>>54035115
i guess at least zoomers never expected to own anything so you're pre-primed to never care about the fucking you're about to get

>>54035115
You're as old as we were when 2008 happened. You're just as fucked as we are, squirt.

why would a bank keep its money in another, even shittier, bank?

Money under mattress-bros can't stop winning

>>54034967
My father, Wellsley Fargonton, owner of money, says you're full of shit

>>54034897
Good.

>>54035306
For the gainz.

>>54035306
Because spreading shit around is advantageous outside of black swan events, in which case one entity getting bart dicked spreads the dicking around.

>>54034967
>Touch and go.
Sounds kinky.
Captcha: P(re)M(arket)GOT

Oh well the strength of diversity
Better get those janitor acceptance mails faggots

>>54034897
interesting

A major bank isn't going to fold over a 1% drop in assets you fucking retard

>>54035458
100 to 1 leverage.

>>54035479
Wells fargo doesn't make money by being degenerate goomblers, they do it by charging spics overdraft fees.

>>54034897
I HAVE LONGS OUT YOU BANK NIGGERS STOP IT

>>54035075
>it's another """once in a lifetime""" crisis totally fucks over our entire generation episode
9/11, 2008, coof, now this, plus Cold War Electric Boogaloo is still in the cards...I'm tired, 30 year old boomer bros...

>>54035075

>>54034897
So should I cancel my car payment to them?

>>54035519
i just wanted a modest house, a loving wife and two children
all gone. only dreams of something that can never be. and we're about to go through it again.

>>54035519
It hasn't even begun

>>54034897
YEAHHHHH BAYBEEEEE, BRING THE PAIN

WOOOOOOP WOOOOOP

>>54035555
checked, and can I interest you in dying for Taiwan as an alternative to that dream?

Wells Fargo is unironically the worst US bank
people who keep their money there deserve to lose it

>>54035631
t. Laqueesha Hernandez

On the bright side, you guys got rid of the mean tweet man.

>>54034897
Idk if this is related but I got wells Fargo and my direct deposit isn't showing in my account shit is gay.

Although I got like $800 in cc debt from them, if they go under I don't have to pay right?

>>54034897
go kill yourself you lying FUD faggot

You'd have to have a heart of atone not to laugh.

>>54034967
You know the rules. Proof or kys. But its probably true.

>>54034967
My uncle works at Nintendo and he says you're gay.

>>54035111
Boa plaz i want my ripplescoins

>>54035352
Holy fucking based as fuck

>>54034967
my father is a wells fargo and he says you a shit.

bros I was literally fixing to put $200k into CD's yesterday so my money could do a little bit of something instead of sit in a bank. i am scared of bank solvency and not sure what to do with cash. was planning on buying a second home in 12-18mo with it so i don't want to get wild with this shit.

>>54034897
Sweet. Yeah last night their twitter was on fire with missing deposits and their cs monkeys were handwaving it away with "technical difficulties". lmao. it's all over.

>>54035519
I was born into fall of Yugoslavia and the Homeland War, mom's house got burned down, dad was unemployed alchocolic war veteran
When the 2008 crisis came I was in college and could not find ANY job, not even stacking boxes. There were some jobs for female hostesses that I saw on the board.
50% under 30year old unemployment, crisis lasted till 2016.
Then I moved for work to Germany in November 2019, Corona comes.
Now this.

Why is my timing so bad, bros?

>>54034916
yes. 100%

>>54034897
wells fargo has such a shitty reputation, how do they stay one of the biggest banks?
why do black people and dumb white trash retards always end up paying fees to wells fargo?

>>54036372
Try JPMorgan(1 trillion in cash reserves), or Bellbank in fargo ND, its ran by white gentiles and one of the best operations in the world

>>54036372
treasurydirect.com

if this goes tits up you can just go claim a second property, as most of us are dead

>>54035075
This is like the tenth fucking economic meltdown

>>54036602
>>54036618
I am financially illiterate and will need to see if these options are available from my brokerage. Am I worrying about nothing when we talk CD's and bank solvency? I am imagining getting a CD to a bank that goes under and my CD goes with it. I can look at bonds but I have no idea how to understand the information Vanguard gives me when it lists the selections. I've got two days to figure it out. There might be a tax benefit that makes bonds a better option over CD's, with less risk? Aren't they tax exempt?

>>54034909
don't do this to me, anon.
don't give me hope.

>>54036618
>treasurydirect.com
.gov ?
also how does a non-us citizen open an account. Investopedia and others say that anyone can open an account there but when I do it asks for state, social security number, and to confirm I am a US citizen. I'm European and want to buy.

>>54037660
just become a us citizen then buy whatever schemes and products the treasury can fabricate to your heart's content

>>54036587
for me, it was the horses.

I think the horses on the logo make it seem friendly but serious in a really subtle way. Its mind control iconography like moths to a flame, retards hand their money to the horse bank.

>>54037939
going into it a little deeper on the black magic of the horse bank

>everyone has to open a first account somewhere

>WF is pretty available nation wide, so its good for young people traveling for college or for a job

>Horses seem friendly, but also the stagecoach implies 'we've been around a while'

Red and Yellow colors are basically mcdonalds so they hijack the dopamine there cause now you want french fries, and yeah.

Pretty much game design for coraling retards willing to pay fees. Then if you had gone into their old SF downtown branches it was like being inside of an old world palace so you felt like "Oh yeah, thats why I pay the fees, cause this is like some weird San Francisco catholic church or some shit."

anyway, those are my thoughts on the great Wells Fargo's ability to suck tithe from onions robots

>>54034967
My company has an "all company" retreat this week. Hundreds of people having a good time, doing team building shit. It's privately owned so the president's usually are there having a good time with everyone, getting drunk and doing shots with us.
Around 1pm yesterday, they were all called into a room and we're seen talking and looking very concerned.
They never came back to the celebration and have been holed up in the office the last 12 hours.
I'm scared anons...

>>54037985
i'm wellsfargo because i was wachovia and before that well i wont say because that'll kind of doxxx me

>>54038052
what does your company do?

>>54034897
What chapter bankruptcy?

>>54037985
synova is the easiest to decypher.

source? I need a source. (I have 2 put options that expire friday)

>>54035696
I need to know the answer to the last question asap

I also have around 4000 grand in wells fargo account. Should i go get it out?

>>54034995
Millennial here. It's not fun. Not at all.

Unless you already have a safe job.

uh oh

>>54038241
someone will buy wellsfargo

>>54034967

what did your Dad who works for nintendo say?

>>54035334
I've worked with your dad Wellsley before...nice guy, just needs a wardrobe upgrade. Tell your sister Kenzi to help him out, and NO MORE mens warehouse shit

>>54036372
>200k in cds to do a lil sum
Kek
>my CDs are twerkin right now

>>54038248
ATTN ZOOMERS:

Fun fact!

Starting your career during a recession has a measurably negative impact ON your long term health. Cancers, heart disease, etc, are all noticable higher in this who entered the work force during economic downturns.

mental health also takes a dip! Depression, loneliness, relationship dysfunction... all of them suffer long term because you had to settle for that shitty job at 22 instead of walking into Google as a Associate Product Manager of People Relations.

Oh yeah, and don't even talk about the long term financial implications.

Enjoy!

>>54036539
Tell us where you're moving next Schleprock, so we know to bug out in advance

>>54035079
you blew your bait thread by being too specific.
kys

>>54035093
>when adding specific details ruins your larp

>>54036539
You're still here fucking drama queen.

>>54038248
>>54034995
Millennial here. Cant wait for my 4th once in lifetime crash.

Although if you are a zoomer you just lived through the covid crash which was a crisis.

>>54035631
Whats so bad about it? They have atms everywhere, the app works fine, I can scan in checks, etc. What would be different at another bank?

Also you guys talking about “losing” money if the bank crashes is hilarious. You know about fdic insurance right? This isnt 1930 anymore…

>>54038857
If it crashes and goes bankrupt (*extremely* unlikely), your money is UNTOUCHABLE from the moment they file bankruptcy. THIS is what's happening to the average SVB depositor TODAY. They can't get access to their 'insured' deposits until the bankruptcy judge says so, and that could (and will) take years. The money may be there, but you can't debit it to pay bills!

Hey guys, remember the Dodd-Frank act from 2010? It made bail-ins legal, meaning the bank can just steal depositors' funds to cover banks losses.

>>54034967
Insider here, can confirm.

>>54034967
Can confirm, my husband who is a Welsh Faggot just came home crying something about the office vibe being all wrong.

>>54035112
This. Alternative civilization running parallel to kiked normiestan, own tech, own entertainment, own money

>>54035079
Your friend texted you the exact figure? Right

>>54034967
my uncle who works at Nintendo said it's crazy over there as well. Stay Strong Fren

>>54035519
>>54035555
You wouldn’t become heroes destined to destroy the psychopathic jew once and for all if it weren’t for your hardships faggots.

>>54035696
>shit is gay

I beg to differ. Shit stinks. A sunny afternoon playing pickleball with my family followed by some snacks and some refreshing drink is gay.

Lack of true gayity is the reason for depression.

>>54039236
Sounds like they need to bring back social drinking in the bank sector.

>>54039236
Have you offered zher theys dilator. I hear zheys and theys feel much better after a filator vibe check.

>>54039326
Found the redditor faggot

Are zoomers gonna try and occupy Wall Street only for it to get co opted by Jews and blacks all over again ?

>>54034897
Fake and gay.

>>54034967
I believe this. Had a friend who worked at WF San Fran. Let the bodies will hit the floor.

>>54034967
>new york
>san fran
>touch and go
Bro gay club gangbangs aren't financial advisors

>>54039390
You think people on reddit are trying to reclaim the word "gay" in opposition to lgbtqia2s+ ideology because it is a semantic psyop to demoralize men?

>>54035631
I agree 100%. Literal scumbags preying on everyone. Good riddance.

>>54035075
>he actually thought he was going to make it

>>54034897
I just took out a loan from these fags, would I have to pay it back if they went bankrupt? Or would the loan at least be pushed back or delayed while it's sold to someone else?

>the year is 2052, your 63rd year on earth
>the 438th once in a lifetime financial collapse has begun, forcing you out of the tent you've spend the last 10 years paying a mortgage for as it is reclaimed by blackrock and handed to a newly arrived migrant family
>media talking heads (literal boomers in futurama glass jars) are suggesting you stop bitching, pull yourself up by your bootstraps, leave that bug protein avocado supplement alone and move into a shallow grave you must dig with your eyelids
>it costs $48,000/week + bills
>a bi-reality gen-c onlyfans star, president of the united states and the planets third trillionaire walks past you and kicks dirt in your hole whilst calling your privileged
>"at least we rescued the economy after 2008"

>>54039513
All redditors are pedos/pedo enablers

>>54039716
This is the most poignant post I could of read in a wells fargo thread

>>54034897
fuck wells fargo. send it to zero

>>54034897
Guys I have $60,000 in debt with WF. Is my debt safu??

>>54039886
no, the jews will buy it for 20k and make you pay 80k

>>54035111
They don't have enough capital right now themselves. I can promise you nearly every bank and lender is insolvent or nearly there right now.

>>54039954
BofA? >snort<

>>54035514
Oopsie poopsie

>>54034984
>FUD

Did you just come out of a 2 day coma?

I’m sorry, but I could not find any information on how much money Wells Fargo has deposited with Silicon Valley Bank. Neither bank has disclosed that information in their annual reports1234, and I could not find any reliable sources that reported it.

However, I did find out that Silicon Valley Bank had a very high percentage of uninsured deposits, meaning that they exceeded the $250,000 limit covered by the FDIC56. This could mean that Wells Fargo and other large customers may have lost some of their money when Silicon Valley Bank failed

>>54040686
I have this odd article that came up in my Google news feed.
https://seekingalpha.com/article/4586625-svb-financial-collapse-will-not-materially-damage-wells-fargo

>>54034967
Several former classmates of mine went on to investment banks and pe firms and hedge funds. Others in VC in SF.
Everyone is preparing for financial Armageddon this week. This is not an isolated problem. One bank doesn't die in 24 hours while all the others are just fine.

>>54040838
What should I do with the 5k I keep in checking? That's fine because it's peanuts and FDIC insured, right?

>>54036869
Anon if you can't even read you're beyond help. How did you get to house #2 let alone the first in the first place?

>>54038241
us poorfags are ok, we're covered by FDIC. Our money may be inaccessible for some time (days) if they really go under.

Kinda sucks, I got $700 in tax returns and a paycheck next week hitting my account puttingme around 4k as well.

Just gonna ape it all into btc/link.

>>54040755
Seeking Alpha is Jim Cramer on steroids.

>>54040992
Yes, I know this. What is odd is why the felt the need to write this article at all if WF has no exposure to SVB (or any of the other banks on the brink).

>>54041032
This is just him announcing to his friends that Wells is going down in flames and to get the f out.

>>54040755
Run.

>>54041051
>>54041093
Guess I'll find out Monday if I still have a job. The company I work has millions in Wells Fargo. I just deposited a 35k payroll check on Saturday last week at my bank (Chase). They put a 15 day hold on it with zero funds available. It's the same account I have drawn my payroll from for 5 years (literally the only checks I deposit), and I deposit checks this size or larger on a regular enough basis. The last check was for far more, and it cleared in a day with all funds available (just like the 10+ previous deposits). I spoke with the branch manager about the hold and there was no reason in their system for it. Thank God it cleared fully on Wednesday.

>>54034897
Why would a large bank keep its assets in another bank? That's just stupid. That's giving their bread and butter away.
Total nonsense.

They want bailout money from the government.

[citation needed]

>>54034897
My mortgage is with WF, does that mean my house is free?

>>54034995
Don't listen to naysayers, it is fun as long as you're not a retard and especially if you're young. You get to see a bunch of people you thought were smart and rational act like complete buffoons and destroy their lives.

>>54034909
I JUST KEEP LETTING ME DOWN,
LETTING ME DOWN, LETTING ME DOWN

>>54034897
Dude I get my direct deposit through these guys pls tell me my life is going to be alright

>>54036663
You didnt get caught with your pants down, did yah?

>>54041407
it means someone is going to buy your mortgage and do whatever they want with it
there's only one way to make your house free and it involves denouncing the talmud

That would be kino.

>>54035519

GET ALL YOUR SHIT INTO A CREDIT UNION NOW. NOW. NOW.

>>54041535
this. you are right

>>54034967
>touch and go
hahahahahaha

>>54034967
Would you go as far to say they are shidding and farding?

>>54041458
credit union stat, laddie

I have no cash with them but I do have loans
does this mean I won't have to pay them off now lmao

>>54041407
Some other lender will swoop in and buy your mortgage.

>>54036587
It has a shitty reputation amongst people that actually know a thing or two about finances or basic economics. Most people do not know a thing or two about finances or basic economics. If anything WF went balls to the wall pandering to that very kind of person with shit like ghetto loans. Most people don’t do their homework on this kind of thing then wonder why they get fucked years down the line.

>>54035093
>>54038463
>>54039287
kek you guys have autism there's no "friend." he's trying to insinuate that he's a whistleblower
fake and gay

>>54034967
HOLY SHIT A WELL FARGO EXECUTIVE JUST FLEW OVER MY HOUSE

>>54041228
> I just deposited a 35k payroll check

Your paychecks are 35k?

>>54038841
At least we're too old now to be drafted for frontline duties in the coming world war. Be sure to frag your officer once you're in the fields, zoomers!

>>54042465
Payroll. It's for their employees.

>>54034897
>buy the banks
-manerrino

>>54034897
Uhhhhhhh bros I have my life savings in Wells Fargo ($8000). Just started a job and just got into savings and not blowing my money on dumb shit.

28 yes old; how fucked am I?

>>54043480
All bank accounts are insured up to 250k by the federal government, you'll be fine, the government will pay you out what you had in your account. The only question is how long until they reimburse you.

welt fartgo lol

they denied me for a credit card years ago when I needed my first; now I have several and they are in peril
god always looks out for me

>>54043582
DAMN

>>54043480
Unironically start pulling some out, monday is when we know for sure if the market is fucked. But USD will follow after so idk probably start praying

>>54034967
My dad is JP Morgan

>>54043567
This is a bot. There will be no bailouts this is it, the great reset.

Okay I'm not fucking around this time, gonna go clear out my checking account until next week, see if this blows over. I'm not losing thousands of dollars right before I start traveling because of bank fuckups.

>>54038052
lol, good thing they are having a retreat
cause they are COWARDS

>>54034967
ALL PATRIOTS GO

WWG1WGA

>>54034897
does tghat mean my mortgage is nullified?

>>54038857
>he doesn't understand how FDIC process works
>he doesn't know the FDIC only operates under the assumption that very few banks will fail and are capitalized as such
>he doesn't understand that a receivership can take up to 30 years to pay out, and the average amount of repaid loans is 20% of original balance

>>54034909
Better get this stickied with the music everywhere on the site and scene in the background

>>54038841

>Be a Finnish millenial
>Experience our 90s giga crash that happened due to bank lending and soviet union collapsing
>2000 dotcom drop
>2008 crash
>2019 corona dip
>2023 total economic holocaust that's going to wipe out all banks and probably lead to a bug eating dystopia.

It's like living boomer bubble growth era but in total fucking reverse.

>>54038857
Geez I don't know.

https://ivypanda.com/essays/the-wells-fargo-cross-selling-scandal/

>>54044256
Don't worry your children will have a lot of money to share with their nigger compatriots

>>54039160
I remember

WELLS FARGO

TOGETHER WE'LL GO FAR

>>54035519
Jesus called these Birthing Pains

>>54040954
That 5k will feel like 2.5k after the FDIC requires more money to provide you with your insured dollars. That'll mean the Fed prints about $10 Trillion to get everyone their money back.

>>54034897
FAKE AND GAY
KYS

>>54043667
Yep, managed to get there before they closed at noon. Bring on the crash!

>>54041458
Yeah I get direct deposit through Wells Fargo too and my paycheck from last week still hasn't hit my account. On hold with customer service as I type this.

Alright if you are 30 and under explain why you aren’t totally for socialism has this boomer capitalism not taught you enough

i have a credit card with them, might as well max it no?

>>54045119
Because I don't want my money going to babysit minorities, Ukraine, or government workers. Also the government is generally incompetent and openly hostile to my beliefs.

Fuck wells fargo.

Buy puts on them on Monday at open. It's going to crash this week.

>>54045168
Someone else will aquire the debt, doesn't go away.

>>54045064
I got my rent check from my management company direct deposited to wells fargo yesterday. So either us landchads are getting priority treatment (likely) or it's an issue with corporations fucking up their payroll (possible).

>>54045413
Customer service just said it's a technical issue and promised I would see the money in my account by EOD. I am doubtful but we will see.

>>54040969
I am an aerospace engineer and I make a good salary, keep my expenses low, and it just saves up. I never really sat down to actually study and understand investing - and when I say that I mean getting good at understanding all the datafields displayed when looking at stonks and stuff. I get the overall concept but beyond something like expense ratio or support lines, I have no idea what half this shit means. It's the same with sports too. I see all these different metrics, I can read the definition, it isn't immediately clear what pattern = a strong team. Thus I never played fantasy football. My life has been pretty simple up to this point. I get money, I pay mortgage, no debt, track my expenses. Time for me to graduate to another level so this month I opened a Vanguard account and I am but a little boy in a mans world.

>>54045119
That's were you are misled, we haven't lived under capitalism, the system can be descibed as corporativism, the union of government and corporate powers also known as fascism

>>54045447
They will use this event to explain why a cbdc is needed

>>54045269
>Because I don't want my money going to babysit minorities, Ukraine, or government workers
But that's already happening.

What does this mean for GME?

>>54044823
at least I have 12k in ibonds

>>54034995
It is only fun when we are forced to hunt each other for food. I hope I get to hunt you.

>>54034995
the dotcom bubble had very limited implications if you were young, it was mainly gambling boomers who paid the price
the housing bubble impacted a much broader sector, i remember realizing it was a big thing when tow trucks started prowling the parking lots every night in my apartment complex and taking them away at 3 a.m.
the everything/pandemic bubble, which is what this is, has seen some air come out of it, but there has been very little pain so far. that will change.

>>54042605
Cant they get us til we’re 35

Just pulled 200 dollars out from one of their ATMs to speed up the process

>>54046271
(((they))) can change the laws to dig up your corpse and launch your coffin at the enemy. the risk never ends for SWM

>>54034995
Millennial here, I turned 18 the same year the housing market fell apart. You're going to be forced to learn how to live on almost nothing. On the bright side, everyone else will be broke and depressed too. That means emo chicks and goth girls that sleep anywhere and everywhere are making a comeback and this time I won't be as stupid to pass them up

>>54044136
Bahahaha stfu you little doomer bitch. Literally nothing is gonna happen. Fdic can just print money. Do you think its actual cash sitting in a vault somewhere? Retard

>>54044299
None of this has impacted me. I have never been hit with fees from them. The service has been flawless.

>>54034897
Post hands next to power socket in your home chang.

>>54038170
The bad one.

>>54046477
now now, mumu, you'll be eating shit soon enough if you aren't already

>>54044256
>>It's like living boomer bubble growth era but in total fucking reverse.
i fucking hate boomers so fucking much because they had it so fucking easy and good.
>pull yourself up by your bootstraps kid
kys boomer retard. fuck you fuck you.

think about it. boomers lived the greatest life EVER in the history of the world. makes sense why they are so selfish materialistic out of touch reality faggots.

>>54046477
kys uneducated fucktard. the ripples are set in motion. fed can no longer print itself out of crisis. its fucking OVER.

>>54035555
>>54035519
I just want a house, and a wife. Thats it
But hoes either have kids now or have 200k miles of dick in them.
Houses are half a mil for just some shed
Zoomerfags dont waste your 20s chasing the bag.
I make 6 figures and i cant afford shit
Im 32
Im seriously gonna end it by 35 if shit doesn't happen.

>>54045119
>socialism
because you really mean bolshevism, and that is 100x worse than this could ever be

>>54046477
You lost bitch

>>54046857
TOTAL STARTUP DEATH

Thankful I bank with navy federal credit union

>>54046665
You can move to Thailand

>>54046508
Anyone who bitches about WF fees is a dumb mud person who got taken advantage of, or can't stop overdrawing from their accounts.

>>54034995
It'll be your first and the last. Enjoy it.

>>54046377
Thank you for your service

>>54046857
Money isn't real, anon

>>54047001
Give me one million annual worth of computers hardware in UBI

Huntington chads, we're winning.

>>54046665
find a young girl in venezuela

>>54034995
This >>54041428

Every grifter, scammer, and other fucking farce on social media pretending to be rich is going to be left with their pants down.

>>54038170
>chapter 2: the barbarian prince

>>54041440
It AAAALLL
returns
to nothing

I just drove by the WF HQ in downtown SF. There might be legs to this. It's very busy with suits and security

>>54041652
Pretty much fucking this.

Just took out my life savings(763$).
Thanks for the heads up bro!

>>54035519
can´t climb the ladder if they destroy the ladder this is all on purpose. Blackrock is salviating at the thought of all the things they can buy soon

>>54043480
credit union stat

>>54035075
We’re not going to make it are we

Hilarious. Sadly Joe Taxpayer, aka (You), will have to bail them, again. This time though every western nation has no money so idk.
Anyone observed within themselves a idgaf attitude? Why should I go into work every day, to be underpaid, with diversity hires and managers, when it's all just a disaster movie waiting to happen? I can barely even save money these days, which was originally why people got out of bed. I hope everyone at Wells and SVB loses everything and dies.

>>54047859
>Apathy
We are so close to the bottom bros. This is THE sign.

>>54035075
Join me, brother, and let's leave this world and never come back. We can go back.

>>54046542
K. Ill be back here next week when nothing has happenned. Will you? You’ll be like a bumbling homeless person muttering something something is gonna happen “soon”. Yeah yeah heres a quarter big guy

>>54046598
>it HAS to all crash because I stamped my feet
LOL the irony

>>54045119

>>54034967
Clearly a homosexual, San Francisco checks out

>>54043480
UNDER YOUR MATTRESS UNTIL THE DUST SETTLES
But tell no one. Word spreads, innocently at first, and that's how you end up with a broken window while away at work.

>>54046857
>Gabor

HAHAHA is that an actual name? Cool graph fag

>>54047899
i missed out on this because my family was poor

>>54035075

Teachers out sick today, the subs going to play Jurassic Park!

>>54046857
Between 3-7% of svb was actually insured, the fdic can cover it.

>>54046936
Exactly. Ive had an account for 20 yrs and never once had these “fees”. Maybe theyre talking about a business account? But that doesnt sound right bc no one biz runs a business. Its all wagies and incel neets so wtf would they know

>>54047975
>everyone look, we brought in this tv so we can watch the space shuttle Columbia come back to earth!

>>54047334
Why do you choose to live in an extremely overpriced homo shithole? Where I live no one gives a fuck about what happens in san fran

>>54047958
I literally cant get over that name. His parents mixed Gay with labor lmfao. How has that “guy” not killed himself

>>54034967
A financial crisis just drove by my apartment!

>>54040755
>Do not worry, everything is fine.
Ok :o)

>>54046377
Stop it with the antisemitism!

>>54046377
numerological accelerationist

>>54045568
> That's were you are misled, we haven't lived under capitalism, the system can be descibed as corporativism, the union of government and corporate powers also known as fascism
But capitalism always leads to these sorts of outcomes
It always starts off as a free market then one guy starts acquiring the market share of other parts of the economy becomes capitalism rewards those who have and before long we have the system we have now

>>54034995
buy a cabin tent lol

>>54044183
>>54034909

make it happen mods

>>54039742
Then you will fit right in.

https://twitter.com/CitizenFreePres/status/1634690669079035904

>>54047036
do you speak english?
There is no free money, you have to earn it like everyone else your age, doing chores around the house.
I hear your mom and dad pay more than mine did back in the 90s.

>>54041535
Based.

>>54047975
why a TV on a cart with a projector mounted to the wall.
>this does not make sense

Where my schwabchads at?

>>54048029
I like the weather. I grew up in Florida and lived in the south for a total of 30 years. I also enjoy the hiking and camping. There's no insects. I also work on nukes soni get to live in a comfy house thank you MIC.

On Monday I'll work on site and hide in my bunker lab behind razor wire and armed guards and shit post.

>>54046665
american thots are overrated.

>>54046665
Don't kill yourself. Kill techies, bankers, or execs.

>>54048431
oh poop

>>54045413
>corporations fucking up their payroll
this
my old boss used WF and we always had about 1-2 business day lag because she (kek) wouldn't process the payroll until Wednesday or Thursday when we had our time sheets in by Friday the previous week.
Current job, time sheet is in on Friday, they process Monday and I'm paid on Wednesday not Friday when the ACH clears.

>>54048490
Give me you internet computer. This will not be doubt a second time.

>>54048525
Probably found it in the closet and rolled it out for le nostalgia

I have only 250 dollars in bank and yes I'm a poorfag.
Should I be worry, anon?

>>54048720
Public schools tend to not throw anything away it seems

>>54048532
Anonchama... We aren't feeling so good either....

>>54039953
What's that you say?
Buy it for 10k and make him pay 100k?

>>54034897
If wells fargo collapses, will this mean I won't have to pay my credit card debt back to them?

>>54035352
>>54036309
>it's real
https://consumerist.com/5283290/affidavits-on-how-wells-fargo-gave--ghetto-loans-to-mud-people.html

>>54048719
>Give me you internet computer. This will not be doubt a second time.
Yeah... I'm not understanding a word you say here.
Either you are a child who is still learning how to write, a low IQ individual, or a foreigner that is ESL.

>>54040755
Lol, ATM's are going to be empty within 24 hours

>>54040954
For some reason deposit insurance always sounded like a polite fiction to me

>>54048808
Your debt already got consolidated and sold off to other firms hours before you even made a transaction.

>>54034995
I finished school exactly when the Yuro crisis happened, resulted in two years unemployment because grades where shit due dyslexia. It wasnt funny, now I work me out of that hole, finish my apprenticeship, did a year in the military, worked a while and started study logistics. All that shit with dyslexia. Guess when I’m finish with my study and start looking for a job? Next month lmao

>>54048808
lmfao no
you still have to pay, you're just paying to someone else

Why doesn't my credit card company want MORE money?

>>54048911
sounds like your life is one bad decision after another. You know not everyone was supposed to make it right?

>>54047958
>>54048070
kek it's funnier and funnier the more you say it
>Gabor Gurbacs

>>54048936
Because then it would be a debit card.

>>54034967
bullshit but I believe it

>>54046377
You all laugh but as shit worsens and more dominos begin to fall the media and politicians will treat this sentiment (taking one's own money from one's own bank account, denying by-ins) as outright fucking sedition.

>>54048936
They need to collect the interest they expect.

>>54045119
>capitalism existing when government distorts the free market at will with regulations and central planning
this is actually socialism, fren

I'm 36 years old and lived through 4 financial collapses by now. Getting sick of it.

It’s over.

>>54052709
b-bros... this is my bank

>>54052709
no way this is real

>>54052737
>>54052814
>special news unit
Yeah totally legit retards

>>54034995
If you're already poor, you won't be affected by it.
Only "middle class" people with massive debts will get wrecked.

>>54047948
Pull out what you need for bills for at least 3 months in cash.
Put it in a safe.
You’ll make nothing on it in the bank.
But you know YOU have it.

>>54034897
Lol

>>54034897
I bank with chase. Based Mr Dimon is sitting on a mountain of cash for this

>>54034897
wells fargo direct deposits not going through. the normies have figured it out they are going haywire

How do I short wells fargo IM SERIOUS SOMEONE TELL ME WHAT TO SIGN UP FOR TO MAKE THIS HAPPEN

>>54046040
This

Fuck Wells Fargo, they deserve to implode for all the bullshit they have done against the public.

>>54034897
time for a circuit breaker on withdrawals
>$250 per goy per day
>'just shy of half a lunar cycle is needed to stabilise things'

I just hope WF stays alive long enough for my tax returns I filed yesterday to hit and my paycheck next week. Then I'm going all in on BTC, and watching the fiat banking system collapse. I also have 9k chainlink. 0$ in bank account gang REPRESENT

>>54053074
>>'just shy of half a lunar cycle is needed to stabilise things'

>>54053027
you need 35k to open a futures account

My friends laughed at me for stockpiling rice and beans and silver and ammo and sardines and I can't wait for them all to bow and line up to suck my toes to completion for a cup of lentils.

Fuck me.

>>54053290
Underrated movie.

>>54049019
I hope all of these OF whores loose their money.

>>54053324
>loose
lose, my fren.

>>54045168
Wait until hyperinflation to pay it off or do the Sam Hyde thing.

Jesus fucking christ I just need to system to endure for 1 more week so I can buy my house.
Fuck this shit. I'm so tired, I just want a 2 bedrooms house and to by fancy bear every fortnight.
FUck

>>54053298
Agreed. All this bank talk has me wanting to rewatch this kino tomorrow

>>54035519
Gotta play your cards right. The path out is available, but not everyone's going to walk it.

>>54053470
>The path out is available
What is it?

>>54038298
This is probably true because I graduated college in 2012 and couldn’t get a real job I finally got one in 2017 and I have a scarcity mindset big time and I’m always stressed

>>54053495
The one that was predicated on this economic turmoil coming to pass as a precondition to its success.

>>54035696
No don't pay them. If they go under they'll be too busy to worry about your $800 to say the least

>>54053571
>muh funny money
fucking lol

>>54053571
I'll need more help than just that, where do I look for more on it?

>>54048814
>crapitalists are racist shitpiles
Quelle surprise.

>>54053614
If you think I mean crypto, you're incorrect. I don't.

>>54053620
I gave a big enough hint for anyone to figure it out. You've just got to look around.

>>54036587
They must be "deadbeat friendly" in one way or another

>>54053659
>I gave a big enough hint
Is it a secret? Is it a way out that only supports a small number of people?
Do I look in the archive? Wikipedia? Is it class war or some communist shit?

>>54053718
It's not a secret by any means. Like I said, its success is predicated on economic turmoil, and this has been a public point of discussion for the last 2 years now. Seeing it all going according to keikaku (TL Note: keikaku means plan) has been absolute bliss.

>>54047245
>IT ALL COMES TUMBLING DOWN
>TUMBLING DOWN
>TUMBLING DOWN

>>54053768
Bitcoin and not "crypto"

>>54045119
Because I don't want to starve to death?

>>54053984
Nope, though I can see why you might think so. No, Bitcoin is as vulnerable as any other asset someone might be using to play collateral games with. First one to cash ruins it for everyone else. That's as true of SVB as it soon shall be of Bitcoin, and crypto on the whole.

>>54045119
>anon why don't you want the government to play bantu maximizer with your tax money??

>>54035115
Millennial here, have fun fighting in Taiwan

>>54048814
Based Polak

>>54036539
Struggle. Endure.

>>54054548
Endeavour to persevere

>>54053944
IN THE THREAD THAT WE ALL LOOVVEEE
BADUM DA BADUM DA BUM DA BUM

BUT IF YOU CLOSE YOU'RE PUTS

IT'LL FEEL LIKE NOTHING CHANGED AT ALLL!!

>>54035022
Dubs of self immolation

bump to kill thread