Winners only.

[RobGMN Premium Member]

SV Bank collapse has nothing to do with banking deregulation. I got caught up in the 2006-08 banking/mortgage collapse and ended up having way too much time on my hands to study banking collapses. Every single time it's the exact same thing - loose banking regulations. Except this time, this time it's because SVB was "too woke."

It's interesting how people trying to protect their money can cause this. Massive runs of customers moving their money from uninsured to insured banks, contributing to the collapse.
A self-fulfilling prophecy.
Every time.

 

[Jimi77 Premium Member]

It's interesting how people trying to protect their money can cause this. Massive runs of customers moving their money from uninsured to insured banks, contributing to the collapse.
A self-fulfilling prophecy.
Every time.

I like how "they" found a way to blame Biden. Had SVB been more closely monitored, they would have been forced to liquidate their bonds earlier and could have avoided this. What gets me is any armchair economist could have seen FF rate of ~5% in the future, especially after the lavish covid spending and near (or perhaps real is a better word) double digit inflation. Definitely some poor money management going on there.

 

[RobGMN Premium Member]

I like how "they" found a way to blame Biden. Had SVB been more closely monitored, they would have been forced to liquidate their bonds earlier and could have avoided this. What gets me is any armchair economist could have seen FF rate of ~5% in the future, especially after the lavish covid spending and near (or perhaps real is a better word) double digit inflation. Definitely some poor money management going on there.

One of the scary things about big business is failure. When a major player goes down, the ripple can be absolutely brutal. Imagine if a biggie like WalMart went T.U., imagine the impact on the economy.

There's a REASON the fireworks factories in China were kept as multiple small buildings spread across a large area, instead of being one massive factory...

 

[Jimi77 Premium Member]

One of the scary things about big business is failure. When a major player goes down, the ripple can be absolutely brutal. Imagine if a biggie like WalMart went T.U., imagine the impact on the economy.

There's a REASON the fireworks factories in China were kept as multiple small buildings spread across a large area, instead of being one massive factory...

Luckily SVB and Signature are small players, but you see how it hit stocks in the rest of the sector. Reminds me of when Enron got busted and all the energy sector stocks I was holding got hammered over something they had nothing to do with.

 

[Jimi77 Premium Member]

I guess we're still not closing that background check loophole. Amazing.

President Biden signs new executive action expanding gun background checks

 

[Jimi77 Premium Member]

Five charts that explain the desperate turn to MAGA among conservative white Christians

 

[Jimi77 Premium Member]

Interesting, so Twitter, home of Musk and the Trumpettes helped collapse SVB. What if there were some sort of restrictions in place that could prevent things like this from happening??? Kinda like you can't yell fire in a crowded theater.

'Twitter-fueled bank run': How social media helped bring down Silicon Valley Bank

 

[Buck 5,000+ posts]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[RobGMN Premium Member]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Russia crying that we aren’t playing by the rules, while Russian soldiers **** and kill civilians.
Good stuff.

 

[Buck 5,000+ posts]

Trump And "J6 Prison Choir" Song Hits #1 On iTunes | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Buck 5,000+ posts]

Haha wut

‘Pentagon issues official warning over 'alien mothership UFO sending probes to Earth'’

Pentagon issues warning over 'alien mothership UFO sending probes to Earth'

Probes in the form of unidentified flying objects could be being sent to Earth by an alien mother ship in a similar style to how NASA uses smaller ships to explore other planets in the solar system

www.dailystar.co.uk

 

[RobGMN Premium Member]

Haha wut

‘Pentagon issues official warning over 'alien mothership UFO sending probes to Earth'’

Pentagon issues warning over 'alien mothership UFO sending probes to Earth'

Probes in the form of unidentified flying objects could be being sent to Earth by an alien mother ship in a similar style to how NASA uses smaller ships to explore other planets in the solar system

www.dailystar.co.uk

They wrote: “An artificial interstellar object could potentially be a parent craft that releases many small probes during its close passage to Earth, an operational construct not too dissimilar from NASA missions.”
"Could potentially be".
Wow. What a serious, dire "warning".

 

[Buck 5,000+ posts]

Pentagon officials suggest alien mothership in our solar system could send mini probes to Earth

Pentagon officials said in a draft document co-authored by a Harvard scientist, that a mothership could send mini probes to planets similar to missions conducted by NASA.

news.yahoo.com

 

[Buck 5,000+ posts]

 

[RobGMN Premium Member]

They let their fighter pilots take personal video and then release it publicly?
Talk about playing it fast and loose!