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re: Time for a poll, will things level off or are we toast.
Posted on 3/19/23 at 2:26 pm to Tigers4life
Posted on 3/19/23 at 2:26 pm to Tigers4life
Bailing out SVB depositors was a monumental mistake
Shoulda gone through the liquidation / bankruptcy process - not the fed
Shoulda gone through the liquidation / bankruptcy process - not the fed
0
Posted on 3/19/23 at 2:36 pm to fallguy_1978
quote:
This situation is nothing like 08 imo. We had some poorly mismanaged banks that were awfully positioned for rapid rate increases. I'm sure there will be more. But global financial meltdown? I'm just not seeing that on the table at this point.
Totally agree. 2008 was nuclear meltdown for the banking system. Not saying it couldnt happen again but on a scale from 1 to 10 with 10 being 2008 then we are currently at 3 to 4.
Posted on 3/19/23 at 5:48 pm to Tigers4life
Thursday morning maria in the morning had a contradicting story that buyers were lined up and at the last minute the administration nixed the deal.
Posted on 3/20/23 at 6:55 am to GREENHEAD22
Almost an even split so far. Lots of news this morning, will be an interesting day for sure.
Posted on 3/20/23 at 7:24 am to GREENHEAD22
2008 Banking failure will be worse than 2023-24. I think overall economy will be worse now though than in 2008
Posted on 3/20/23 at 8:01 am to GREENHEAD22
The Saudis got fricked out of a smooth billion over the weekend with that UBS/CS deal.
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