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

/biz/ - Business & Finance

File: 276 KB, 709x765, 1678575865888989.png [View same] [iqdb] [saucenao] [google]

Anonymous Sat Mar 11 23:39:12 2023 No.54048698 [Reply] [Original]

Uh oh

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

>>	Anonymous Sat Mar 11 23:40:27 2023 No.54048715 >>54048698 unironically buy btc and gold

>>	Anonymous Sat Mar 11 23:41:52 2023 No.54048737 Heres another one https://twitter.com/Dr_PhillipB/status/1634632068058722304

>>	Anonymous Sat Mar 11 23:43:20 2023 No.54048762 nothingburger

>>	Anonymous Sat Mar 11 23:44:39 2023 No.54048793 File: 264 KB, 750x557, retart.jpg [View same] [iqdb] [saucenao] [google] >>54048698 It's free waffle day. Happens every month.

>>	Anonymous Sat Mar 11 23:44:48 2023 No.54048797 >>54048698 >>54048737 It’s the same fucking video from two literal whos

>>	Anonymous Sat Mar 11 23:46:02 2023 No.54048820 File: 1.60 MB, 300x168, pepe-nuke.gif [View same] [iqdb] [saucenao] [google] I'm beginning to believe

>>	Anonymous Sat Mar 11 23:46:16 2023 No.54048826 File: 2.16 MB, 1907x1051, 120 countries now.png [View same] [iqdb] [saucenao] [google] >>54048762 >>54048797 It's afraid

>>	Anonymous Sat Mar 11 23:55:05 2023 No.54048970 File: 24 KB, 512x512, 117.jpg [View same] [iqdb] [saucenao] [google] >>54048698 >retards unironically think there's gonna be a bank run in 2023

>>	Anonymous Sun Mar 12 00:00:12 2023 No.54049036 >>54048970 Is your bank running? Well then you better go catch it! harharharharharhar

>>	Anonymous Sun Mar 12 00:02:14 2023 No.54049075 >>54048970 we just had one, you fucking moron

>>	Anonymous Sun Mar 12 00:07:55 2023 No.54049154 what's the point in going to the bank after saturday close? the atm only lets you withdraw $10k per day FDIC insurance covers $250k do normies know what a bank is?

>>	Anonymous Sun Mar 12 00:08:31 2023 No.54049165 >>54049036 Lol

>>	Anonymous Sun Mar 12 00:08:53 2023 No.54049170 >>54049154 Insurance doesnt do you any good when you need money quickly

>>	Anonymous Sun Mar 12 00:09:15 2023 No.54049176 >>54048970 What do you think has been happening all week you stupid fucking retard?

>>	Anonymous Sun Mar 12 00:09:48 2023 No.54049181 >>54048826 >120_countries_now.png kek. Jews just can't stop winning

>>	Anonymous Sun Mar 12 00:10:14 2023 No.54049190 >>54049036 hoooly fucking BASED

>>	Anonymous Sun Mar 12 00:10:17 2023 No.54049192 >>54048970 The second largest bank run in american history just took place on friday you retarded negroid

>>	Anonymous Sun Mar 12 00:10:58 2023 No.54049205 >>54049154 First Republic is a bank for rich mfs. They're there to close their account and have their funds transferred to a different bank.

>>	Anonymous Sun Mar 12 00:12:42 2023 No.54049229 >>54048970 i withdrew max on friday and plan on withdrawing more on monday. cope and seethe

>>	Anonymous Sun Mar 12 00:17:25 2023 No.54049289 >>54048970 Have fun living in the shanty town you dipshit

>>	Anonymous Sun Mar 12 00:19:04 2023 No.54049328 >>54048698 Uhh bros? I'm a schizo and I haven't pulled anything out of the bank yet. If normies are actually doing it, this might be it.

>>	Anonymous Sun Mar 12 00:21:50 2023 No.54049366 File: 185 KB, 2069x1001, 1677434482581446.jpg [View same] [iqdb] [saucenao] [google] >>54049328 Always do the opposite of what normies do

>>	Anonymous Sun Mar 12 00:22:36 2023 No.54049379 File: 24 KB, 349x356, dddddddddddddddddddddddddddd.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Sun Mar 12 00:22:56 2023 No.54049384 >>54049205 that makes sense thanks. if i ever have more than $250k i will never leave it all in 1 bank account. who holds that much USD in a bank account anyway?

>>	Anonymous Sun Mar 12 00:24:09 2023 No.54049401 File: 127 KB, 1130x1468, It'sover.png [View same] [iqdb] [saucenao] [google] >>54048698 This bank has(had) 3% liquidity. It's not even going to make it to monday.

>>	Anonymous Sun Mar 12 00:24:11 2023 No.54049402 Banks loan out 90% of their cash and only keep 10% on hand. What would happen if I wanted to get my money and a bunch of other people wanted to get their money at the same time? Would I be able to get my money? I would right?

>>	Anonymous Sun Mar 12 00:25:19 2023 No.54049426 >>54049402 In the case of First Republic they only had 3% liquidity, the rest is all in held to maturity mortgage backed securities lol

>>	Anonymous Sun Mar 12 00:25:52 2023 No.54049438 >>54049402 Depends how early you get in line!

>>	Anonymous Sun Mar 12 00:26:54 2023 No.54049458 File: 101 KB, 918x960, 1667230535614039.jpg [View same] [iqdb] [saucenao] [google] >>54049402 That was before the reserve limits were lifted for the Wu-flu. This is going to get real and I am 110% here for it

>>	Anonymous Sun Mar 12 00:27:00 2023 No.54049462 >>54049402 I'm pretty sure it changed during Covid to where banks didn't have to keep any reserves

>>	Anonymous Sun Mar 12 00:27:15 2023 No.54049465 >>54049438 kek

>>	Anonymous Sun Mar 12 00:29:15 2023 No.54049501 >>54049402 They don't have any reserves they just create money out of thin air by debt lending

>>	Anonymous Sun Mar 12 00:36:38 2023 No.54049647 >>54049154 >the atm only lets you withdraw $10k per day thats covers 99% of people savings kek

>>	Anonymous Sun Mar 12 00:39:49 2023 No.54049703 >>54049401 thats why it is paramount to secure deposits must be the most incompetent government in history

>>	Anonymous Sun Mar 12 00:43:33 2023 No.54049779 File: 96 KB, 640x640, 1594588198587.png [View same] [iqdb] [saucenao] [google] >>54049379

>>	Anonymous Sun Mar 12 00:44:01 2023 No.54049791 >>54049401 holy shit JPMorgan is a fortress

>>	Anonymous Sun Mar 12 00:44:38 2023 No.54049804 File: 3.24 MB, 1245x1048, 1907_Panic.png [View same] [iqdb] [saucenao] [google] >>54049075 >>54049176 >>54049192 y'all know I meant

>>	Anonymous Sun Mar 12 00:59:25 2023 No.54050064 File: 16 KB, 480x360, moe.jpg [View same] [iqdb] [saucenao] [google] >>54049036 Hold on...I'll check... AMANDA HUGGINKISS? IS THERE AMANDA HUGGINKISS IN HERE? AWW...C'MON GUYS...I NEED AMANDA HUGGINKISS.

>>	Anonymous Sun Mar 12 01:06:55 2023 No.54050182 https://www.bloomberg.com/news/articles/2023-03-12/us-discusses-fund-to-backstop-deposits-if-more-banks-fail

>>	Anonymous Sun Mar 12 01:09:27 2023 No.54050238 File: 48 KB, 800x599, 453651.jpg [View same] [iqdb] [saucenao] [google] >>54050064 hello

>>	Anonymous Sun Mar 12 01:12:41 2023 No.54050297 >>54049804 Look at all those mayo people

>>	Anonymous Sun Mar 12 01:20:39 2023 No.54050437 >>54050238 I hate how round his face is

>>	Anonymous Sun Mar 12 01:27:44 2023 No.54050573 >>54049804 Did they tear the statue of that slaveowner down from Federal Hall?

>>	Anonymous Sun Mar 12 01:32:46 2023 No.54050661 >>54050182 Finally These people move liks snails Hope they make to Monday

>>	Anonymous Sun Mar 12 02:39:23 2023 No.54051752 >>54050661 no, it's worse than you think. the fdic is the backstop - what they're talking about is a fund to backstop the fdic, which means they think it won't be able to survive the wipeout either.

>>	Anonymous Sun Mar 12 02:40:17 2023 No.54051774 >>54048698 Why is the sun out in LA right now? Shut the fuck up op.

>>	Anonymous Sun Mar 12 02:41:22 2023 No.54051795 >>54051752 The FDIC is irrelevant for deposits over 250k

>>	Anonymous Sun Mar 12 02:43:05 2023 No.54051824 >>54049402 /retard

>>	Anonymous Sun Mar 12 02:43:55 2023 No.54051833 >>54051752 They're probably also trying to prevent a bank run. Expect them to advertise the crap out of the whole backstop to assure people are covered.

>>	Anonymous Sun Mar 12 03:54:09 2023 No.54053052 >>54048698 >bank run >LA This is a normal day waiting to take money out Homeless dude is probably jacking off by the ATMs so they go inside or maybe the ATMs ARE inside

Anonymous Sun Mar 12 04:02:22 2023 No.54053193
File: 78 KB, 1242x1230, 1608658644667.jpg [View same] [iqdb] [saucenao] [google]

>>54048698
It's amazing how retarded Americans are. Purposefully trying to incite mass bank runs only leads to the Fed printing money which leads to inflation which means the money they withdraw is literally dogshit value. If you have less than $250k in the bank doing a bank run is actually the dumbest shit int he world, but then again if you have any sizable amount of liquid cash in the bank you're alos likely retarded since you're letting your money devalue in a checking account that gives 0.01% interest rate.

>>	Anonymous Sun Mar 12 04:05:50 2023 No.54053253 >>54051752 FDIC only has enough to cover the failure of SVB, they cant cover all the banks its impossible.

>>	Anonymous Sun Mar 12 04:08:27 2023 No.54053291 >>54048970 This image is fucking ancient and out-of-date. That can only mean one thing: you are a paid shill prying into an old ass folder of numbered reaction images. That shit is from like, 2013.

>>	Anonymous Sun Mar 12 04:09:02 2023 No.54053296 File: 2.26 MB, 1024x1024, 8AEF9EF0-37DA-4F6D-801F-1CBF158660C9.png [View same] [iqdb] [saucenao] [google] >>54053193 Failed

Anonymous Sun Mar 12 04:09:35 2023 No.54053306

>>54053253
Wrong. https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html
FDIC has plenty to cover insured amount for SVB and they already stated they will either liquidate or sell off SVB now that they have control of it in an attempt to help cover the uninsured portion.

>>	Anonymous Sun Mar 12 04:19:08 2023 No.54053460 File: 76 KB, 776x664, fdic.jpg [View same] [iqdb] [saucenao] [google] >>54053306

>>	Anonymous Sun Mar 12 04:25:27 2023 No.54053584 >>54049401 Most banks aren't this shitty. TD's bank liquidity ratio is like 110%

>>	Anonymous Sun Mar 12 04:27:53 2023 No.54053624 >>54049804 kek they made cities look so much better 120 years ago. Architects should rope

>>	Anonymous Sun Mar 12 04:42:53 2023 No.54053853 >>54049384 Multimillionaires who realized gains from their businesses a decade plus ago and people who just sold a house that was fully paid off

>>	Anonymous Sun Mar 12 04:45:38 2023 No.54053902 >>54049458 What is a "domestic supremacist"? That sounds like the opposite of an alt-rightest, like it sounds like someone who believes the state is always right.

>>	Anonymous Sun Mar 12 04:52:00 2023 No.54054021 File: 485 KB, 526x700, 1429555438686.png [View same] [iqdb] [saucenao] [google] Wasn't this the reason we dropped the gold standard

>>	Anonymous Sun Mar 12 04:53:35 2023 No.54054050 >>54049036 I literally laughed out loud anon, well done

>>	Anonymous Sun Mar 12 04:55:48 2023 No.54054078 >>54054021 No, don't fall for the propaganda. The gold standard was actually more stable than the current system.

>>	Anonymous Sun Mar 12 04:56:38 2023 No.54054095 AND SO IT BEGINS CONTAGION! CONTAGION! TIME IS SHORT GATHER YOUR LOVED ONES AND AWAIT THE FOUR HORSEMEN

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