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

/biz/ - Business & Finance

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54081728 No.54081728 [Reply] [Original]

>BLACK SWAN INCOMING

>> No.54081741
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54081741

>>54081728

>HOLY FUCK

>> No.54081780

>>54081728
https://www.youtube.com/watch?v=rQiHzcdUPAU

>> No.54081786

>>54081741
Bump.
Don't do stocks, only crypto, but down nearly 9% is a big deal. I get that.
And this is a really big bank.

>> No.54081796

Didn't we know this in 2021? There were definitely threads in september 2021 about this but faggots were like "naw they good silly bobos". This boardi s a nigger joke 2bdesu.

>> No.54081803

>>54081796
yeah I remember the deep dive. we are about to find out.

>> No.54081815

>>54081796
Rumour has it the SNB / Fed gave them liquidity.

>> No.54081837

>>54081741
whats the big deal? its been going down for ages

>> No.54081838

By definition, it's not a black swan if you can see it coming

>> No.54081862
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54081862

>>54081837
>whats the big deal? its been going down for ages

https://www.bloomberg.com/news/live-blog/2023-03-12/svb-fallout-spreads

>> No.54081875
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54081875

>load ze credit suisse fud again

>> No.54082011

The Saudis own 10% of Credit Susie now.
I am actually wondering if this isn’t a time to buy Credit Susie now. I have to imagine the Saudi National Bank will bail them out for more shares.

>> No.54082046

swissanon here, it's over.

>> No.54082072

qrd on Credit Suisse situation?

>> No.54082338
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54082338

>>54082072

>> No.54082456

>>54081728
credit sussy had imploded months ago, if was just kept quiet to keep people from panicking. they didn't pay enough attention to the smaller banks like svb and didn't consider developing a plan like this in case of their failure so it got out and the panic has started now.
as such we may actually hear about the credit sussy collapse now (posthumously)

>> No.54082506

what exactly is credit suisse?

>> No.54082584
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54082584

>>54082506

>> No.54082608

>>54082506
dont they sell or hold a shit load of bullion? who am i thinking of?

edit: nvm im thinking of pamp suisse

but still the swiss are the homebase of banking. the implications are unreal but the swiss have tons of gold and bailout is high if they get close to real trouble.

>> No.54082671
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54082671

>>54081728
Oh, Mr Anon, you're here. Maybe you could explain to me what is going on here. And please speak as you might to a young child or a golden retriever. It wasn't brains that got me here, I can assure you of that.

>> No.54082678

>>54082671
Numba go down ser.

>> No.54083325

>>54082678
So, what you're telling me, is that the music is about to stop, and we're going to be left holding the biggest bag of odorous excrement ever assembled in the history of capitalism.

>> No.54083458

>>54083325
Yes.

>> No.54083513

>>54082671
Mr boss the economy never recovered from 2008, they just printed money for a decade until it stopped working, then they created a controlled recession for 2 years (3 in Asia) to stave off a worse, uncontrolled one. But that didn't work either so now we're fucked

>> No.54084113

>>54081838
Yep. People use to think there were no black swans, until a black swan was discovered. This goes back to the idea that things happening many times (i.e. most swans are white) doesn’t guarantee or prove anything.

>> No.54084134
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54084134

>>54081728
Cramer said it was fine, calm down

>> No.54084159

>>54081728
>based fellow kraut
good, then we'll have our 10k we've been drooling over the past one and half year, my cash is ready to slurp

>> No.54084895

>>54084134
It’s over

>> No.54084933

>>54083325
I'm just saying that the music is slowing so to speak. What these models say, is that is the music where to stop as you put it, thing would be much much worse.

>> No.54085201

>>54081728
>look up their market cap
>only $10b
>down from over $300b in 2007
what the fuck happened here

>> No.54085412

>>54082671
we.. uh.. funded long term liabilities with short term lending from the money markets... and... uh... the deposits are leaving and the counterparties don't want to lend to us anymore.. so.. uh... we have a duration mismatch sir I mean woof

>> No.54085482

>>54081728
Credit Suisse is and has always been fucked.

>> No.54087019

>>54081728
>black swan
and this is why you're a brainlet condemned to lose money

>> No.54087133

>>54084134
Credit Suisse really is collapsing if Cramer says it's overblown.

>> No.54087245

all I want to know is how I make money with it

>> No.54087260

>>54084134
>cramer said it was fine
and it's tumbling down

>> No.54087347
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54087347

>>54084134
Owari da...