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Started By
Message
Banks are about to collapse
Posted on 10/5/22 at 8:49 am
Posted on 10/5/22 at 8:49 am
LINK YouTube
“Critical moment”
Pretty good summary of why the world economy is in the crapper - Worth a watch
Maybe shutting down the word for a cold wasn’t the best idea.
“Critical moment”
Pretty good summary of why the world economy is in the crapper - Worth a watch
Maybe shutting down the word for a cold wasn’t the best idea.
This post was edited on 10/5/22 at 8:50 am
12
Posted on 10/5/22 at 8:50 am to NashvilleTider
Good
Posted on 10/5/22 at 8:51 am to NashvilleTider
That dudes such a nerd fiesta
All he does is make the same video as the other nerd fiesta buddy of his Graham Stephan
All he does is make the same video as the other nerd fiesta buddy of his Graham Stephan
Posted on 10/5/22 at 8:51 am to NashvilleTider
quote:
Maybe shutting down the word for a cold wasn’t the best idea.
Or it was intentional to an extent.
Posted on 10/5/22 at 8:51 am to theunknownknight
quote:
Good
I mean not really, a lot of people would lose a lot of money , money that they need to survive
Posted on 10/5/22 at 8:52 am to GamecockUltimate
Stolen elections have consequences
Posted on 10/5/22 at 8:55 am to SDVTiger
I've sort of gone in and out of economic doom porn since the mid 2000's. The nature of the alt economic and libertarian/goldbug sites is to push doom. So, you have to take all of that into account. I will say that gang does seem to be on full tilt lately. They seem to be divided, though, on inflation versus deflationary crash.
Posted on 10/5/22 at 10:27 am to tiggerthetooth
I can hear it already. "It was not our fault. The worldwide pandemic caused the collapse".
Posted on 10/5/22 at 10:35 am to NashvilleTider
But, but, but, how's this gonna affect my EGS? I don't wanna lose my high score!
(EGS scoring, like life is an arcade video game with the top 10 listed somewhere. Sheesh, banks deserve to fail pushing that crap!)
(EGS scoring, like life is an arcade video game with the top 10 listed somewhere. Sheesh, banks deserve to fail pushing that crap!)
Posted on 10/5/22 at 10:38 am to NashvilleTider
Someone claimed, based on a rando tweet, that credit Suisse was about to collapse. Has anyone followed up?
Posted on 10/5/22 at 11:20 am to cwill
their swaps are getting expensive which means counter parties are hedging their risk (or just plain slamming bets) on their failure
you never truly know in the dark pool of derivatives and leverage how bad off a bank like theirs really is ... but in the world of bank dominoes they are likely 1
Deutsche Bank #2
Barclays #3
and then the contagion could get to the US
IF it gets that far and central banks don't capitulate or something like that
you never truly know in the dark pool of derivatives and leverage how bad off a bank like theirs really is ... but in the world of bank dominoes they are likely 1
Deutsche Bank #2
Barclays #3
and then the contagion could get to the US
IF it gets that far and central banks don't capitulate or something like that
Posted on 10/5/22 at 11:38 am to NashvilleTider
We need to bail them out with taxpayer money. We are living well while they struggle.
Posted on 10/5/22 at 11:40 am to NashvilleTider
I was assured that Barney Frank fixed everything.
Was I misinformed?
Was I misinformed?
Posted on 10/5/22 at 11:41 am to NashvilleTider
quote:
Maybe shutting down the word for a cold wasn’t the best idea.
It was a feature, not a bug.
Posted on 10/5/22 at 11:43 am to SDVTiger
Even Graham is not that great. He cares wayyyyyyy more about the youtube algorithm and how his audience will interact with his video more than the actual information he puts into it. Which is why he has to do so many takes, read a script, and talk out of both sides of his mouth.
His other channel coffee whatever where he interviews people can be good and millennial money was entertaining when Meet Kevin was on.
His other channel coffee whatever where he interviews people can be good and millennial money was entertaining when Meet Kevin was on.
This post was edited on 10/5/22 at 11:44 am
Posted on 10/5/22 at 11:45 am to NashvilleTider
quote:
Maybe shutting down the word for a cold wasn’t the best idea.
Or that is the reason to shut down the world
Posted on 10/5/22 at 11:49 am to NashvilleTider
So who you figur will do,"the sky is falling" Hank Paulson routine and trigger T.A.R.P. Version 2 (or is 3 or 4)? You know get the govmint to print gazillions and gazillions of dollars to grease the palms of our crooked politicians?
This post was edited on 10/5/22 at 2:52 pm
Posted on 10/5/22 at 11:54 am to Zarkinletch416
If there's one sure fire way to fix printing too much money, it's printing more money.
Posted on 10/5/22 at 11:55 am to cwill
quote:
Someone claimed, based on a rando tweet, that credit Suisse was about to collapse. Has anyone followed up?
Their investment bank division has lost billions, if not TENS of billions over the last two years. So much so that they've already openly discussed unpacking, splitting up, or completely shutting it down.
They're selling their HQ, and a deal for 1.3B euros fell through today.
I'm not saying they're definitely going to collapse, but it's fairly obvious they're in bad shape.
Posted on 10/5/22 at 11:58 am to BengalOnTheBay
quote:
selling their HQ, and a deal for 1.3B euros fell through today.
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